COMMUNITY BANK SYSTEM, INC. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Sep 23, 2016
Insider Transaction Report
Form 4
Mucenski Edward S.
Director
Transactions
- Award
Phantom Stock (Deferred Compensation)
2016-09-21$47.16/sh+194.816$9,187→ 8,491.423 total→ Common Stock (194.816 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 72.0975 units of phantom stock acquired on July 11, 2016 under the Deferred Compensation Plan's dividend reinvestment feature.