Bolus Mark J. 4

4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 14, 2023

Form 4

Period: 2023-03-13

Director

Transactions

Exercise/Conversion
Common Stock
2023-03-13$29.79/sh+468$13,942→ 85,621.062 total
Sale
Common Stock
2023-03-13$52.87/sh−468$24,745→ 85,153.062 total
Exercise/Conversion
Stock Option
2023-03-13−468→ 0 total
Exercise: $29.79From: 2013-03-19Exp: 2023-03-19→ Common Stock (468 underlying)
Award
Phantom Stock (Deferred Stock Units)
2023-03-14+1,154→ 1,816.156 total
→ Common Stock (1,154 underlying)

Holdings

Footnotes (3)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.84 to $52.905, 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]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.
[F3]Includes 29.4974 units of phantom stock acquired as dividend equivalents under the Plan.

Documents

1 file