Fesette Neil E. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 17, 2022
Insider Transaction Report
Form 4
Fesette Neil E.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2022-03-15+644→ 2,712.791 total→ Common Stock (644 underlying)
Holdings
- 7,952.439
Common Stock
- 7,499.554
Phantom Stock (Deferred Compensation)
→ Common Stock (7,499.554 underlying)
Footnotes (5)
- [F1]Includes 124.937 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 (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.
- [F3]Includes 15.0353 units of phantom stock acquired on January 10, 2022, as dividend equivalents under the Plan.
- [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 166.6206 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.