STICKELS ERIC 4
4 · COMMUNITY BANK SYSTEM, INC. · Filed Mar 21, 2024
Insider Transaction Report
Form 4
STICKELS ERIC
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2024-03-19+1,395→ 3,262.582 total→ Common Stock (1,395 underlying)
Holdings
- 14,507.101(indirect: By Spouse)
Common Stock
- 34,888
Common Stock
Footnotes (2)
- [F1]The reporting person's directly owned shares have been reduced by 1.9727 shares to adjust for fractional shares that were previously reported as acquired by the reporting person but were paid out in cash. The fractional shares were included in the deferred stock units distributions reported on November 17, 2022, March 16, 2023, November 16, 2023, and March 19, 2024.
- [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.