MICHAEL R KALLET 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Sep 18, 2020
Insider Transaction Report
Form 4
MICHAEL R KALLET
Director
Transactions
- Award
Phantom Stock (Deferred Compensation)
2020-09-17$58.02/sh+301.62$17,500→ 5,518.395 total→ Common Stock (301.62 underlying)
Footnotes (1)
- [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.