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COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2018
Mar 22, 2018
31347_dirs_2018-03-22_e6f0287f-97d8-46bf-8256-acba2c381bbf.zip
Director's Dealing
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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: Parente John (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-20 | Stock Option | $55.92 | A | 2559 | Acquired | 2028-03-20 | Common Stock (2559) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 63947.0039 | Direct |
| Common Stock | 10000 | Indirect |
| Common Stock | 10000 | Indirect |
| Common Stock | 10000 | Indirect |
Footnotes
F1: The reporting person has transferred his authority with respect to the 17,336 shares of Community Bank System, Inc. common stock held in the Charles E. Parente Revocable Trust and is no longer deemed the beneficial owner of such shares.
F2: The trust was established for the benefit of the reporting person's child and the reporting person does not have investment discretion nor a pecuniary interest in the shares held by the trust. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.