MacPherson Kerrie D. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 16, 2022
Insider Transaction Report
Form 4
MacPherson Kerrie D.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2022-03-15+644→ 2,096.339 total→ Common Stock (644 underlying)
Footnotes (2)
- [F1]The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan (the "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 29.2337 units of phantom stock acquired as dividend equivalents under the Plan.