COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2020

Jul 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2020-06-30

Reporting Person: Kingsley Scott Allen (EVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-30	Common Stock	A	615	—	Acquired	51290.9966	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6413.1551	Indirect

Footnotes

F1: Granted pursuant to the Retirement and Release Agreement filed as Exhibit 10.1 to Community Bank System's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 19, 2020.

F2: 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.