STEELE SALLY A 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Exercise/Conversion
Common Stock
2023-03-15+661.671→ 43,033.944 total - Exercise/Conversion
Phantom Stock (Deferred Stock Units)
2023-03-15−661.671→ 1,157.778 total→ Common Stock (661.671 underlying)
Holdings
- 4,585(indirect: Joint with brother)
Common Stock
Footnotes (2)
- [F1]On March 15, 2023, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock.
- [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.