AI assistant
COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2018
Mar 22, 2018
31347_dirs_2018-03-22_471114a1-5c43-4322-b421-d4b8d895c61d.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: 2018-03-20
Reporting Person: Bolus Mark J. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-20 | Common Stock | M | 583.7192 | — | Acquired | 73224.3526 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-20 | Phantom Stock (Deferred Stock Units) | $ | A | 611 | Acquired | Common Stock (611) | Direct | |
| 2018-03-20 | Phantom Stock (Deferred Compensation) | $ | M | 583.7192 | Disposed | Common Stock (583.7192) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6411.23 | Indirect |
| Common Stock | 194.205 | Indirect |
| Common Stock | 194.205 | Indirect |
| Common Stock | 194.205 | Indirect |
| Common Stock | 194.205 | Indirect |
| Common Stock | 4685.885 | Indirect |
| Common Stock | 4685.885 | Indirect |
| Common Stock | 4687.375 | Indirect |
| Common Stock | 4687.375 | Indirect |
Footnotes
F1: On March 20, 2018, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock.
F2: Includes 112.427 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F3: Includes 85.589 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F4: Includes 87.079 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F5: 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.
F6: 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.
F7: Includes 36.4581 units of phantom stock acquired on January 10, 2018 under the Deferred Compensation Plan's dividend reinvestment feature.