Fesette Neil E. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 17, 2021
Insider Transaction Report
Form 4
Fesette Neil E.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2021-03-16+569→ 2,680.71 total→ Common Stock (569 underlying)
Holdings
- 7,157.774
Common Stock
- 7,332.934
Phantom Stock (Deferred Compensation)
→ Common Stock (7,332.934 underlying)
Footnotes (5)
- [F1]Includes 127.113 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F2]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.
- [F3]Includes 17.7946 units of phantom stock acquired on January 11, 2021, as dividend equivalents under the 2014 Long-Term Incentive Compensation Program.
- [F4]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.
- [F5]Includes 45.4586 units of phantom stock acquired on January 11, 2021, under the Deferred Compensation Plan's dividend reinvestment feature.