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

Mar 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2020-03-17

Reporting Person: Parente John (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-17	Stock Option	$51.64	A	3171	Acquired	2030-03-17	Common Stock (3171)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	63947.0039	Direct

Footnotes

F1: The reporting person does not have investment control or a pecuniary interest in the trusts established for the benefit of his sons and will not include those shares in his current or future Section 16 reports.