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COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2019
Jan 10, 2019
31347_dirs_2019-01-10_d014dd19-600d-4b7c-93e7-0fb2e0276a0a.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: 2019-01-08
Reporting Person: Kingsley Scott Allen (EVP, Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-08 | Common Stock | A | 11887.56 | — | Acquired | 52806.56 | Direct |
| 2019-01-08 | Common Stock | F | 5670.5634 | $60.34 | Disposed | 47135.9966 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5699.9146 | Indirect |
Footnotes
F1: On January 8, 2019, the Compensation Committee approved the vesting of the three-year performance-based restricted stock award, granted to the reporting person in 2016, based on achievement of predetermined performance criteria at the maximum level.
F2: Payment of tax liability associated with the vesting of the three-year performance-based restricted stock awards.
F3: The number of shares reported herein were acquired pursuant to Community Bank System, Inc.'s 401(K) Plan and are based on a current plan statement.