4//SEC Filing
DAVIS JEFFREY L 4
Accession 0001127602-22-009757
CIK 0000723188other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 5:09 PM ET
Size
9.4 KB
Accession
0001127602-22-009757
Insider Transaction Report
Form 4
DAVIS JEFFREY L
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2022-03-15+644→ 3,419.08 total→ Common Stock (644 underlying)
Holdings
- 58,009.225
Phantom Stock (Deferred Compensation under Merchants plan)
→ Common Stock (58,009.225 underlying) - 4,723.908
Phantom Stock (Deferred Compensation)
→ Common Stock (4,723.908 underlying)
Footnotes (6)
- [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 58.3671 units of phantom stock acquired as dividend equivalents under the Plan.
- [F3]The units of phantom stock were acquired through Merchants Bancshares, Inc.'s ("Merchants") deferred compensation plan. 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 such deferred compensation plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person.
- [F4]Includes 1,293.6875 units of phantom stock acquired under the Merchants' deferred compensation plan's dividend reinvestment feature
- [F5]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.
- [F6]Includes 24.5069 units of phantom stock acquired on January 10, 2022 under the Deferred Compensation Plan's dividend reinvestment feature.
Documents
Issuer
COMMUNITY BANK SYSTEM, INC.
CIK 0000723188
Entity typeother
Related Parties
1- filerCIK 0001220435
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 5:09 PM ET
- Size
- 9.4 KB