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CHEMUNG FINANCIAL CORP Director's Dealing 2016

Jul 6, 2016

33499_dirs_2016-07-06_cd6c327c-6ae4-4527-92fb-0532122a2bbf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMUNG FINANCIAL CORP (CHMG)
CIK: 0000763563
Period of Report: 2016-07-01

Reporting Person: POTTER JOHN F (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-07-01 PHANTOM STOCK $ A 470.83 Acquired COMMON STOCK (470.83) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK 46636.242 Direct
COMMON STOCK 9312.645 Indirect

Footnotes

F1: Security converts to common stock on a one-for-one basis.

F2: Phantom Stock Units are to be settled 100% in Issuer's Common Stock in accordance with the term's of the Company's Deferred Directors' Fee Plan and at the director's election.

F3: Includes dividends issued periodically under issuer's dividend reinvestment plan.

F4: The reporting person disclaims beneficial ownership of these securities and the report shall not be deemed an admission that the reporting person is beneficial owner of such securities for the purpose of Section 16 or for any other purpose.