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COMMUNITY BANK SYSTEM INC·4

Jan 21, 4:58 PM ET

SABIA PETER A 4

4 · COMMUNITY BANK SYSTEM INC · Filed Jan 21, 2005

Insider Transaction Report

Form 4
Period: 2005-01-19
COMMUNITY BANK SYSTEM INCCBU
SABIA PETER A
Director
Transactions
  • Gift

    Common Stock

    2004-12-28−5,200→ 18,414 total
  • Award

    Stock Option

    2005-01-19$24.84/sh+3,604$89,523→ 3,604 total
    Exercise: $24.84From: 2005-01-19Exp: 2015-01-19→ Common Stock (3,604 underlying)
  • Gift

    Common Stock

    2004-12-28−6,120→ 12,294 total
  • Award

    Phantom Stock (Stock Balance Plan)

    2005-01-19+263.39→ 1,235.35 total
    Exercise: $0.00→ Common Stock (263.39 underlying)
Holdings

  • Common Stock

    (indirect: By Valley Dodge Truck Center)
    58,747.052

  • Common Stock

    (indirect: By Peter A. Sabia T/U/A dated 7/31/03)
    155,958

  • Common Stock

    (indirect: By Peter A. Sabia T/U/A dated 5/7/04)
    24,042
Footnotes (4)
  • [F1]Gifts to the reporting person's children and grandchildren.
  • [F2]Gift to the Sabia Family Foundation.
  • [F3]Includes 5,771.052 shares acquired under the Community Bank System, Inc. Dividend Reinvestment Plan. These shares represent the total number of shares acquired since the start of the reporting person's participation in the Plan.
  • [F4]Phantom Stock (Stock Balance Plan) may be exercised upon the later of the reporting person's attainment of age 55 or termination of service on Community Bank System, Inc.'s Board of Directors.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT