Home/Filings/4/0001239944-09-000011
4//SEC Filing

COMMUNITY BANK SYSTEM INC 4

Accession 0001239944-09-000011

$CBUCIK 0000723188operating

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 6:31 PM ET

Size

12.4 KB

Accession

0001239944-09-000011

Insider Transaction Report

Form 4
Period: 2009-01-01
Transactions
  • Exercise/Conversion

    Phantom Stock (Deferred Compensation)

    2009-01-013369,617.036 total
    Common Stock (336 underlying)
  • Exercise/Conversion

    Common Stock

    2009-01-01+3367,394.958 total
  • Award

    Phantom Stock (Stock Balance Plan)

    2009-01-29+500.3216,391.4 total
    Common Stock (500.32 underlying)
  • Award

    Phantom Stock (Deferred Compensation)

    2009-01-09$22.13/sh+93.921$2,0789,710.957 total
    Common Stock (93.921 underlying)
Footnotes (4)
  • [F1]Each phantom stock unit relating to the Deferred Compensation Plan entitles the reporting person to receive one share of Community Bank System, Inc. common stock. On January 1, 2009, the reporting person's phantom stock units were settled for an equal number of shares.
  • [F2]Includes 43.664 shares acquired on January 9, 2009 under the Community Bank System, Inc. Dividend Reinvestment Plan.
  • [F3]Each phantom stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock. Phantom Stock (Stock Balance Plan) may be settled 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.
  • [F4]Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person.

Issuer

COMMUNITY BANK SYSTEM INC

CIK 0000723188

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000723188

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 6:31 PM ET
Size
12.4 KB