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COMMUNITY BANK SYSTEM INC·4

Jan 21, 7:34 PM ET

MCDANIEL W VALEN 4

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

Insider Transaction Report

Form 4
Period: 2005-01-19
COMMUNITY BANK SYSTEM INCCBU
MCDANIEL W VALEN
Chief Risk Officer
Transactions
  • Award

    Stock Option

    2005-01-19$24.84/sh+2,834$70,397→ 2,834 total
    Exercise: $24.84Exp: 2015-01-19→ Common Stock (2,834 underlying)
Holdings

  • Common Stock

    (indirect: By 401(k))
    44.12

  • Common Stock

    5,743.941
Footnotes (3)
  • [F1]Includes 40.286 shares acquired on January 10, 2005 under the Community Bank System, Inc. Dividend Reinvestment Plan.
  • [F2]The number of shares reported herein were acquired pursuant to Community Bank System, Inc.'s 401(K) Plan and are based on a current plan statement.
  • [F3]The option vests in five equal installments on January 19, 2006, 2007, 2008, 2009, and 2010.

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT