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COMMUNITY FINANCIAL SYSTEM, INC. Director's Dealing 2018

Apr 18, 2018

31347_dirs_2018-04-18_37e2068e-3f6f-459c-85dc-c86506fc5be6.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2018-01-15

Reporting Person: Bolus Mark J. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-01-15 Common Stock M 1224.1386 Acquired 70451.7447 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-01-15 Phantom Stock (Deferred Compensation) $ M 1224.1386 Disposed Common Stock (1224.1386) Direct

Footnotes

F1: This amendment has been filed to increase the number of phantom stock units that were reported as settled on January 15, 2018 for an equal number of shares of Community Bank System, Inc. common stock. The original filing reported that 1,184.27 units were settled, however, the correct number is 1,224.1386 units.

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.