Whipple John F. 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 20, 2024
Insider Transaction Report
Form 4
Whipple John F.
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2024-03-19+1,395→ 3,898.997 totalExercise: $0.00→ 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 21.3781, 24.0768, 25.9359, and 22.2249 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.