MICHAEL R KALLET 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Oct 30, 2020
Insider Transaction Report
Form 4
MICHAEL R KALLET
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2020-10-28+172→ 3,618.748 total→ Common Stock (172 underlying)
Footnotes (1)
- [F1]The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.