DAVIS JEFFREY L 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
DAVIS JEFFREY L
Director
Transactions
- Award
Phantom Stock (Deferred Compensation)
2021-12-16$71.77/sh+261.251$18,750→ 4,699.401 total→ Common Stock (261.251 underlying)
Footnotes (2)
- [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.
- [F2]Includes 66.1518 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.