AI assistant
COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2015
Jun 23, 2015
31347_dirs_2015-06-23_e8d6ac51-7745-462e-b043-9cbfb1f4eb2d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2015-06-22
Reporting Person: Mucenski Edward S. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-22 | Phantom Stock (Deferred Stock Units) | $ | A | 214.5994 | Acquired | Common Stock (214.5994) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock (Deferred Compensation) | $ | Common Stock (6855.1195) | 6855.1195 | Direct |
Footnotes
F1: The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.
F2: 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.
F3: Includes 56.3436 units of phantom stock acquired on April 10, 2015 under the Deferred Compensation Plan's dividend reinvestment feature.