4//SEC Filing
Pecor Raymond C III 4
Accession 0001127602-22-009759
CIK 0000723188other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 5:10 PM ET
Size
11.5 KB
Accession
0001127602-22-009759
Insider Transaction Report
Form 4
Pecor Raymond C III
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2022-03-15+644→ 2,758.224 total→ Common Stock (644 underlying)
Holdings
- 8,367.308
Common Stock
- 8,786.732(indirect: By Trust)
Common Stock
- 3,351.355
Phantom Stock (Deferred Compensation)
→ Common Stock (3,351.355 underlying) - 8,831.675
Phantom Stock (Deferred Compensation under Merchants plan)
→ Common Stock (8,831.675 underlying)
Footnotes (9)
- [F1]Includes 186.599 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F2]Includes 195.956 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F3]The reporting person disclaims beneficial ownership of these securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F4]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.
- [F5]Includes 44.4941 units of phantom stock acquired as dividend equivalents under the Plan.
- [F6]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.
- [F7]Includes 17.0185 units of phantom stock acquired on January 10, 2022 under the Deferred Compensation Plan's dividend reinvestment feature.
- [F8]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.
- [F9]Includes 196.9532 units of phantom stock acquired under the Merchants' deferred compensation plan's dividend reinvestment feature.
Documents
Issuer
COMMUNITY BANK SYSTEM, INC.
CIK 0000723188
Entity typeother
Related Parties
1- filerCIK 0001475265
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 5:10 PM ET
- Size
- 11.5 KB