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COMMUNITY FINANCIAL SYSTEM, INC. Director's Dealing 2011

Aug 22, 2011

31347_dirs_2011-08-22_aaf136f6-b8b7-438e-b18f-0a28b95de44e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY BANK SYSTEM INC (CBU)
CIK: 0000723188
Period of Report: 2011-08-19

Reporting Person: TRYNISKI MARK E (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-19 Common Stock P 3717.4558 $22.07 Acquired 11373.7485 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 40835 Direct

Footnotes

F1: Includes 590.8302 shares acquired under Community Bank System, Inc.'s 401(k) Plan since the date of the reporting person's last ownership report.