ACE BRIAN R 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Jan 5, 2022
Insider Transaction Report
Form 4
ACE BRIAN R
Director
Transactions
- Exercise/Conversion
Common Stock
2022-01-03+3,261.434→ 67,062.576 total - Exercise/Conversion
Phantom Stock (Deferred Compensation)
2022-01-03−3,261.434→ 6,517.715 total→ Common Stock (3,261.434 underlying)
Holdings
- 144(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]On January 3, 2022, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock.
- [F2]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.
- [F3]Includes 51.55, 54.8356, and 58.1476 units of phantom stock acquired on April 9, 2021, July 9, 2021 and October 8, 2021, respectively under the Deferred Compensation Plan's dividend reinvestment feature.