COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2016

Mar 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2016-03-16

Reporting Person: Parente John (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-16	Stock Option	$38.02	A	4246	Acquired	2026-03-16	Common Stock (4246)	Direct