STEELE SALLY A 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 16, 2023
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Purchase
Common Stock
2023-03-15$53.46/sh+2,000$106,923→ 4,585 total(indirect: Joint with brother) - Award
Phantom Stock (Deferred Stock Units)
2023-03-14+1,154→ 1,819.45 total→ Common Stock (1,154 underlying)
Holdings
- 6,797.645
Phantom Stock (Deferred Compensation)
→ Common Stock (6,797.645 underlying) - 42,372.273
Common Stock
Footnotes (4)
- [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 271.5449 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.
- [F3]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.
- [F4]Includes 21.3317 units of phantom stock acquired as dividend equivalents under the Plan.