Filing Details

Accession Number:
0001127602-16-069665
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-12 16:01:42
Reporting Period:
2016-12-08
Filing Date:
2016-12-12
Accepted Time:
2016-12-12 16:01:42
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
1486057 John Parente C/O Community Bank System, Inc.
5790 Widewaters Parkway
Dewitt NY 13214
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 Disposition 2016-12-08 3,566 $60.89 20,000 No 4 S Indirect By Charles E. Parente Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Charles E. Parente Revocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 63,947 Direct
Common Stock 10,000 Indirect By son, John K. Parente Trust U/A 6/15/96
Common Stock 10,000 Indirect By son, Louis C. Parente Trust U/A 3/29/01
Common Stock 10,000 Indirect By son, Samuel M. Parente Trust U/A 6/16/98
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.69 to $61.01, 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.
  2. The reporting person was appointed trustee of the Charles E. Parente Revocable Trust on October 24, 2016. Members of the reporting person's immediate family are among the beneficiaries of the trust. The reporting person disclaims beneficial interest of the Community Bank System, Inc. common stock held by the trust except to the extent of his pecuniary interest therein.