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COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2011
Jul 27, 2011
31347_dirs_2011-07-27_0dfc9a00-4698-462b-bba6-e7716bdbb1cc.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: 2011-07-25
Reporting Person: Bolus Mark J. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-07-25 | Phantom Stock (Deferred Compensation) | $ | A | 141.3 | Acquired | Common Stock (141.3) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 49667.0196 | Direct |
| Common Stock | 5249.271 | Indirect |
| Common Stock | 161.0868 | Indirect |
| Common Stock | 161.0868 | Indirect |
| Common Stock | 161.0868 | Indirect |
| Common Stock | 161.0868 | Indirect |
Footnotes
F1: Includes 479.2 shares acquired on July 11, 2011 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F2: Includes 50.61 shares acquired on July 11, 2011 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F3: Includes 1.56 shares acquired on July 11, 2011 pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F4: 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.
F5: Includes 7.0541 units of phantom stock acquired on July 11, 2011 under the Deferred Compensation Plan's dividend reinvestment feature.