COMMUNITY BANK SYSTEM, INC. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 18, 2016
Insider Transaction Report
Form 4
Mucenski Edward S.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2016-03-16+877→ 1,727 total→ Common Stock (877 underlying) - Award
Phantom Stock (Deferred Compensation)
2016-03-17$38.82/sh+236.669$9,187→ 7,923.848 total→ Common Stock (236.669 underlying)
Holdings
- 7,316.979(indirect: By 401(k))
Common Stock
- 2,271.86
Common Stock
- 1,484.57(indirect: By Spouse)
Common Stock
Footnotes (6)
- [F1]Includes 18.44 shares acquired on January 11, 2016 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F2]Includes 12.05 shares acquired on January 11, 2016 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F3]Includes 59.389 shares acquired on January 11, 2016 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F4]The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.
- [F5]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.
- [F6]Includes 68.083 units of phantom stock acquired on January 11, 2016 under the Deferred Compensation Plan's dividend reinvestment feature.