WHITTET ALFRED S 4
4 · COMMUNITY BANK SYSTEM INC · Filed Aug 31, 2012
Insider Transaction Report
Form 4
WHITTET ALFRED S
Director
Transactions
- Award
Phantom Stock (Deferred Compensation)
2012-08-30$28.17/sh+74.547$2,100→ 1,578.788 total→ Common Stock (74.547 underlying)
Footnotes (1)
- [F1]Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person.