SABIA PETER A 4
4 · COMMUNITY BANK SYSTEM INC · Filed Jan 23, 2004
Insider Transaction Report
Form 4
SABIA PETER A
Director
Transactions
- Award
Phantom Stock (Stock Balance Plan)
2004-01-21+245.98→ 485.98 totalExercise: $0.00→ Common Stock (245.98 underlying) - Award
Stock Option
2004-01-21+2,260→ 2,260 totalExercise: $48.30From: 2004-01-21Exp: 2014-01-21→ Common Stock (2,260 underlying)
Holdings
- 90,000(indirect: By Trust)
Common Stock
- 6,147
Common Stock
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.