STEELE SALLY A 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Jan 4, 2024
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Exercise/Conversion
Phantom Stock (Deferred Compensation)
2024-01-02−3,501.434→ 3,497.656 total→ Common Stock (3,501.434 underlying) - Exercise/Conversion
Common Stock
2024-01-02+3,501.434→ 37,135.378 total
Holdings
- 4,585(indirect: Joint with brother)
Common Stock
Footnotes (3)
- [F1]On January 2, 2024, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock.
- [F2]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.
- [F3]Includes 201.4451 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.