PATTON MICHAEL A 4
4 · COMMUNITY BANK SYSTEM INC · Filed Sep 9, 2004
Insider Transaction Report
Form 4
PATTON MICHAEL A
President/Financial Services
Transactions
- Exercise/Conversion
Common Stock
2004-09-07$12.38/sh+7,772$96,179→ 87,896 total - Exercise/Conversion
Stock Option
2004-09-07$12.38/sh−7,772$96,179→ 9,188 totalExercise: $12.38From: 2002-01-01Exp: 2011-01-01→ Common Stock (7,772 underlying) - Exercise/Conversion
Stock Option
2004-09-07$11.56/sh−2,630$30,409→ 10,564 totalExercise: $11.56From: 2001-01-01Exp: 2010-01-01→ Common Stock (2,630 underlying) - Exercise/Conversion
Common Stock
2004-09-07$11.56/sh+2,630$30,409→ 80,124 total - Sale
Common Stock
2004-09-07$25.03/sh−10,402$260,360→ 77,494 total
Holdings
- 2,800(indirect: By Spouse)
Common Stock
- 7,803.179(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]On April 12, 2004, the common stock of Community Bank System, Inc. split 2-for-1, resulting in the reporting person's acquisition of 38,747 additional shares of common stock.
- [F2]On April 12, 2004, the common stock of Community Bank System, Inc. split 2-for-1, resulting in the Spouse's acquisition of 1,400 additional shares of common stock.
- [F3]On April 12, 2004, the common stock of Community Bank System, Inc. split 2-for-1, resulting in the 401(k) Plan's acquisition of 3,901.5896 additional shares of common stock.