Serbun Joseph F 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Nov 12, 2019
Insider Transaction Report
Form 4
Serbun Joseph F
EVP, Chief Credit Officer
Transactions
- Exercise/Conversion
Common Stock
2019-11-11$28.78/sh+3,484$100,270→ 14,598.724 total - Exercise/Conversion
Common Stock
2019-11-11$29.79/sh+3,858$114,930→ 18,456.724 total - Exercise/Conversion
Stock Option
2019-11-11−3,484→ 0 totalExercise: $28.78Exp: 2022-03-21→ Common Stock (3,484 underlying) - Exercise/Conversion
Stock Option
2019-11-11−3,858→ 0 totalExercise: $29.79Exp: 2023-03-19→ Common Stock (3,858 underlying) - Sale
Common Stock
2019-11-11$68.59/sh−7,342$503,581→ 11,114.724 total
Holdings
- 1,010.415(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.50 to $68.93, 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]The number of shares reported herein acquired pursuant to Community Bank System, Inc.'s 401(k) Plan and are based on a current plan statement.
- [F3]The option vested ratably on March 21, 2013, 2014, 2015, 2016 and 2017.
- [F4]The option vested ratably on March 19, 2014, 2015, 2016, 2017 and 2018.