$CBU·4

COMMUNITY BANK SYSTEM INC · Dec 22, 2:41 PM ET

COMMUNITY BANK SYSTEM INC 4

4 · COMMUNITY BANK SYSTEM INC · Filed Dec 22, 2006

Insider Transaction Report

Form 4
Period: 2006-12-20
Transactions
  • Exercise/Conversion

    Stock Option

    2006-12-2128,3000 total
    Exercise: $17.41From: 1998-05-13Exp: 2007-12-31Common Stock (28,300 underlying)
  • Sale

    Common Stock

    2006-12-21$23.07/sh28,300$652,82712,684 total
  • Exercise/Conversion

    Common Stock

    2006-12-21$17.41/sh+28,300$492,59840,984 total
  • Exercise/Conversion

    Common Stock

    2006-12-20$17.41/sh+6,712$116,83119,396 total
  • Exercise/Conversion

    Stock Option

    2006-12-206,71228,300 total
    Exercise: $17.41From: 1998-05-13Exp: 2007-12-31Common Stock (6,712 underlying)
  • Sale

    Common Stock

    2006-12-20$23.35/sh6,712$156,72712,684 total
Holdings
  • Common Stock

    (indirect: By Trust)
    26,080
  • Common Stock

    (indirect: By Spouse)
    2,000

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT