4//SEC Filing
ACE BRIAN R 4
Accession 0001127602-23-010115
CIK 0000723188other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:00 PM ET
Size
13.6 KB
Accession
0001127602-23-010115
Insider Transaction Report
Form 4
ACE BRIAN R
Director
Transactions
- Exercise/Conversion
Common Stock
2023-03-13$29.79/sh+483$14,389→ 63,493.603 total - Award
Phantom Stock (Deferred Stock Units)
2023-03-14+1,154→ 7,344.721 total→ Common Stock (1,154 underlying) - Sale
Common Stock
2023-03-13$52.57/sh−483$25,393→ 63,010.603 total - Exercise/Conversion
Stock Option
2023-03-13−483→ 0 totalExercise: $29.79From: 2013-03-19Exp: 2023-03-19→ Common Stock (483 underlying)
Holdings
- 156(indirect: By Spouse)
Common Stock
- 3,397.532
Phantom Stock (Deferred Compensation)
→ Common Stock (3,397.532 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.50 to $52.66, inclusive. The reporting person undertakes to provide Community Bank System, Inc., any security holder of Community Bank System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]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.
- [F3]Includes 180.4156 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.
- [F4]The reporting person has received deferred stock units under the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended (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 165.4173 units of phantom stock acquired as dividend equivalents under the Plan.
Documents
Issuer
COMMUNITY BANK SYSTEM, INC.
CIK 0000723188
Entity typeother
Related Parties
1- filerCIK 0001264817
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 6:00 PM ET
- Size
- 13.6 KB