Filing Details
- Accession Number:
- 0001127602-12-023974
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-08-07 17:05:51
- Reporting Period:
- 2012-08-07
- Filing Date:
- 2012-08-07
- Accepted Time:
- 2012-08-07 17:05:51
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 723188 | Community Bank System Inc | CBU | National Commercial Banks (6021) | 161213679 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1233242 | Jr M Paul Cantwell | 37 Constable Street Malone NY 12953 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-08-07 | 4,800 | $15.68 | 108,462 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2012-08-07 | 4,822 | $18.08 | 113,284 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-08-07 | 9,622 | $28.01 | 103,662 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2012-08-07 | 4,800 | $0.00 | 4,800 | $15.68 |
| Common Stock | Stock Option | Disposition | 2012-08-07 | 4,822 | $0.00 | 4,822 | $18.08 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2003-01-01 | 2013-01-01 | No | 4 | M | Direct |
| 0 | 2009-01-29 | 2019-01-29 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 10,450 | Indirect | By Spouse |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Phantom Stock (Deferred Compensation) | $0.00 | 2,764 | 2,764 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2,764 | 2,764 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.05, inclusive. The reporting person undertakes to provide Community Bank System, Inc., any security holder of Community Bank System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- 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.
- Includes 26.1259 units of phantom stock acquired on July 10, 2012 under the Deferred Compensation Plan's dividend reinvestment feature.
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