ACE BRIAN R 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 17, 2022
Insider Transaction Report
Form 4
ACE BRIAN R
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2022-03-15+644→ 6,025.303 total→ Common Stock (644 underlying)
Holdings
- 68,069
Common Stock
- 152(indirect: By Spouse)
Common Stock
- 6,571.719
Phantom Stock (Deferred Compensation)
→ Common Stock (6,571.719 underlying)
Footnotes (6)
- [F1]Includes 1,481.4237 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan
- [F2]Includes eight shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
- [F3]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.
- [F4]Includes 116.5915 units of phantom stock acquired as dividend equivalents under the Plan.
- [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 54.0043 units of phantom stock acquired on January 10, 2022 under the Deferred Compensation Plan's dividend reinvestment feature.