Home/Filings/4/0001127602-16-067762
4//SEC Filing

COMMUNITY BANK SYSTEM, INC. 4

Accession 0001127602-16-067762

$CBUCIK 0000723188operating

Filed

Nov 17, 7:00 PM ET

Accepted

Nov 18, 4:42 PM ET

Size

11.8 KB

Accession

0001127602-16-067762

Insider Transaction Report

Form 4
Period: 2016-11-17
Transactions
  • Exercise/Conversion

    Stock Option

    2016-11-173,000850 total
    Exercise: $27.36From: 2011-01-19Exp: 2021-01-19Common Stock (3,000 underlying)
  • Sale

    Common Stock

    2016-11-17$54.85/sh3,000$164,5542,271.86 total
  • Exercise/Conversion

    Common Stock

    2016-11-17$27.36/sh+3,000$82,0805,271.86 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    1,484.57
  • Common Stock

    (indirect: By 401(k))
    7,316.979
  • Phantom Stock (Deferred Compensation)

    Common Stock (8,557.389 underlying)
    8,557.389
Footnotes (3)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.56 to $38.73, inclusive. The reporting person undertakes to provide Community Bank System, Inc., any security holder of Community Bank System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [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 65.9651 units acquired on October 10, 2016 pursuant to the Deferred Compensation Plan's dividend reinvestment feature.

Issuer

COMMUNITY BANK SYSTEM, INC.

CIK 0000723188

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000723188

Filing Metadata

Form type
4
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 4:42 PM ET
Size
11.8 KB