SABIA PETER A 4
4 · COMMUNITY BANK SYSTEM INC · Filed Jan 23, 2004
Insider Transaction Report
Form 4
SABIA PETER A
Director
Transactions
- Award
Stock Option
2004-01-21+2,260→ 2,260 totalExercise: $48.30From: 2004-01-21Exp: 2014-01-21→ Common Stock (2,260 underlying) - Award
Phantom Stock (Stock Balance Plan)
[F2]2004-01-21+245.98→ 485.98 totalExercise: $0.00→ Common Stock (245.98 underlying)
Holdings
- 6,147
Common Stock
[F1] - 90,000(indirect: By Trust)
Common Stock
[F1]
Footnotes (2)
- [F1]The reporting person transferred 90,000 shares on October 1, 2003 to his grantor retained annuity trust.
- [F2]Phantom Stock awards (Stock Balance Plan) may be exercised upon the later of the reporting person's attainment of age 55 or termination of service on the Board.
Signature
Donna J. Drengel, as attorney-in-fact, pursuant to a power of attorney|2004-01-23