COMMUNITY BANK SYSTEM, INC. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Nov 14, 2016
Insider Transaction Report
Form 4
DICERBO NICHOLAS A
Director
Transactions
- Gift
Common Stock
2016-11-02−60→ 200,544.495 total - Sale
Common Stock
2016-11-10$50.75/sh−5,000$253,750→ 195,544.495 total - Gift
Common Stock
2016-11-11−53→ 195,491.495 total
Holdings
- 53,272.035
Phantom Stock (Deferred Compensation)
→ Common Stock (53,272.035 underlying)
Footnotes (3)
- [F1]Includes 909.488 and 773.3638 shares acquired on July 11, 2016 and October 10, 2016, respectively, pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F2]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.
- [F3]Includes 353.5221 units of phantom stock acquired on October 10, 2016 under the Deferred Compensation Plan's dividend reinvestment feature.