STICKELS ERIC 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 16, 2023
Insider Transaction Report
Form 4
STICKELS ERIC
Director
Transactions
- Discretionary Transaction
Common Stock
[F1]2023-03-15$53.97/sh+4,632.203$250,000→ 14,005.767 total(indirect: By Spouse) - Award
Phantom Stock (Deferred Stock Units)
[F2][F3]2023-03-14+1,154→ 3,393.388 total→ Common Stock (1,154 underlying)
Holdings
- 33,269.467
Common Stock
Footnotes (3)
- [F1]The number of share reported herein were acquired pursuant to Community Bank System, Inc.'s 401(K) Plan and are based on a current plan statement.
- [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 70.3289 units of phantom stock acquired as dividend equivalents under the Plan.
Signature
Danielle M. Cima, pursuant to a Confirming Statement executed by Eric E. Stickels|2023-03-16