AI assistant
COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2017
Mar 16, 2017
31347_dirs_2017-03-16_30296804-c992-43b7-9a3e-140e10973961.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: 2017-03-15
Reporting Person: Whipple John F. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-15 | Stock Option | $57.12 | A | 2478 | Acquired | 2027-03-15 | Common Stock (2478) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock (Deferred Compensation) | $ | Common Stock (10827.4455) | 10827.4455 | Direct |
Footnotes
F1: 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.
F2: Includes 87.1954, 78.6926, 70.3491, and 57.4496 units of phantom stock acquired on April 11, 2016, July 11, 2016, October 10, 2016, and January 10, 2017, respectively, under the Deferred Compensation Plan's dividend reinvestment feature.