COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2012

Mar 23, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY BANK SYSTEM INC (CBU)
CIK: 0000723188
Period of Report: 2012-03-21

Reporting Person: CANTWELL PAUL M JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-21	Stock Option	$28.78	A	4566	Acquired	2022-03-21	Common Stock (4566)	Direct