$CBU·4

COMMUNITY BANK SYSTEM INC · Dec 22, 2:46 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

    2006-12-217,5000 total
    Exercise: $17.41From: 1998-05-13Exp: 2007-12-31Common Stock (7,500 underlying)
  • Sale

    Common Stock

    2006-12-21$23.04/sh7,500$172,79120,440 total
  • Sale

    Common Stock

    2006-12-20$23.16/sh27,512$637,06820,440 total
  • Exercise/Conversion

    Stock Option

    2006-12-2027,5127,500 total
    Exercise: $17.41From: 1998-05-13Exp: 2007-12-31Common Stock (27,512 underlying)
  • Exercise/Conversion

    Common Stock

    2006-12-20$17.41/sh+27,512$478,88247,952 total
  • Exercise/Conversion

    Common Stock

    2006-12-21$17.41/sh+7,500$130,54727,940 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    7,200

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT