Fesette Neil E. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Jan 19, 2023
Insider Transaction Report
Form 4
Fesette Neil E.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-17+633.368→ 8,585.807 total - Exercise/Conversion
Phantom Stock (Deferred Compensation)
2023-01-17−633.368→ 7,071.975 total→ Common Stock (633.368 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes 47.4236, 50.8174, 54.984, and 52.5636 units of phantom stock acquired on April 11, 2022, July 11, 2022, October 10, 2022, and January 10, 2023, respectively, under the Deferred Compensation Plan's dividend reinvestment feature.