DICERBO NICHOLAS A 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Dec 11, 2017
Insider Transaction Report
Form 4
DICERBO NICHOLAS A
Director
Transactions
- Sale
Common Stock
2017-12-05$56.00/sh−2,000$112,000→ 184,621.945 total
Holdings
- 54,211.075
Phantom Stock (Deferred Compensation)
→ Common Stock (54,211.075 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 317.7947 units of phantom stock acquired on July 10, 2017 under the Deferred Compensation Plan's dividend reinvestment feature.