MacPherson Kerrie D. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 20, 2024
Insider Transaction Report
Form 4
MacPherson Kerrie D.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2024-03-19+1,395→ 4,831.335 total→ Common Stock (1,395 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 29.338, 33.0416, 35.5928, and 30.5001 units of phantom stock acquired on April 10, 2023, July 10, 2023, October 10, 2023, and January 10, 2024, respectively, as dividend equivalents under the Plan.