BELDEN SANFORD A 4

4 · COMMUNITY BANK SYSTEM INC · Filed Feb 1, 2005

Form 4

Period: 2005-01-28

DirectorPresident & Chief Executive Of

Transactions

Exercise/Conversion
Common Stock
2005-01-28$13.10/sh+7,632$99,979→ 96,598 total
Exercise/Conversion
Common Stock
2005-01-28$11.56/sh+9,284$107,346→ 101,512 total
Exercise/Conversion
Common Stock
2005-01-28$12.38/sh+11,814$146,198→ 113,326 total
Exercise/Conversion
Common Stock
2005-01-28$13.10/sh+2,504$32,802→ 115,830 total
Tax Payment
Common Stock
2005-01-28$22.88/sh−4,370$99,964→ 92,228 total
Exercise/Conversion
Common Stock
2005-01-28$15.68/sh+6,398$100,289→ 122,228 total
Sale
Common Stock
2005-01-28$22.88/sh−30,000$686,253→ 92,228 total
Exercise/Conversion
Stock Option
2005-01-28$11.56/sh−9,284$107,346→ 0 total
Exercise: $11.56From: 2001-01-01Exp: 2010-01-01→ Common Stock (9,284 underlying)
Exercise/Conversion
Stock Option
2005-01-28$12.38/sh−11,814$146,198→ 11,814 total
Exercise: $12.38From: 2002-01-01Exp: 2011-01-01→ Common Stock (11,814 underlying)
Exercise/Conversion
Stock Option
2005-01-28$13.10/sh−7,632$99,979→ 22,776 total
Exercise: $13.10From: 2003-01-01Exp: 2012-01-01→ Common Stock (7,632 underlying)
Exercise/Conversion
Stock Option
2005-01-28$13.10/sh−2,504$32,802→ 20,272 total
Exercise: $13.10From: 2003-01-01Exp: 2012-01-01→ Common Stock (2,504 underlying)
Exercise/Conversion
Stock Option
2005-01-28$15.68/sh−6,398$100,289→ 31,960 total
Exercise: $15.68From: 2004-01-01Exp: 2013-01-01→ Common Stock (6,398 underlying)

Holdings

Footnotes (1)

[F1]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.

Documents

1 file