COMMUNITY BANK SYSTEM, INC. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Jul 27, 2016
Insider Transaction Report
Form 4
DICERBO NICHOLAS A
Director
Transactions
- Sale
Common Stock
2016-07-25$43.75/sh−2,000$87,500→ 200,921.079 total - Sale
Common Stock
2016-07-26$43.95/sh−2,000$87,900→ 198,921.079 total
Holdings
- 52,918.513
Phantom Stock (Deferred Compensation)
→ Common Stock (52,918.513 underlying)
Footnotes (2)
- [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.
- [F2]Includes 438.1791 and 395.4505 units acquired on April 11, 2016 and July 11, 2016 respectively, pursuant to the Deferred Compensation Plan's dividend reinvestment feature.