MacPherson Kerrie D. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 17, 2021
Insider Transaction Report
Form 4
MacPherson Kerrie D.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2021-03-16+569→ 1,423.105 total→ Common Stock (569 underlying)
Footnotes (2)
- [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.
- [F2]Includes 15.105 units of phantom stock acquired as dividend equivalents under the 2014 Long-Term Incentive Compensation Program.