Knauss Jeffery J 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 15, 2023
Insider Transaction Report
Form 4
Knauss Jeffery J
Director
Transactions
- Exercise/Conversion
Common Stock
2023-03-15+661.671→ 925.671 total - Award
Phantom Stock (Deferred Stock Units)
2023-03-14+1,154→ 1,815.671 total→ Common Stock (1,154 underlying) - Exercise/Conversion
Phantom Stock (Deferred Stock Units)
2023-03-15−661.671→ 1,154 total→ Common Stock (661.671 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes 17.6714 units of phantom stock acquired as dividend equivalents under the Plan.