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Filing Details

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
1202795	Kallet R Michael	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	2018-12-11	1,700	$60.80	66,704	No	4	S	Indirect	By Community Bank System, Inc. 401(k) Plan

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Community Bank System, Inc. 401(k) Plan

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,300	Direct
Common Stock	8,759	Indirect	By Wife
Common Stock	5,606	Indirect	By Trust under Will
Common Stock	1,988	Indirect	By IRA

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			3,244	3,244	Direct
Common Stock	Phantom Stock (Deferred Stock Units)	$0.00			2,127	2,127	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	3,244	3,244	Direct
	2,127	2,127	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.79 to $60.83, 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 18.3969 units of phantom stock acquired on October 10, 2018 under the Deferred Compensation Plan's dividend reinvestment feature.
The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.
Includes 11.6537 and 13.0991 units of deferred stock acquired on July 10, 2018 and October 10, 2018, respectively, under the Plan's dividend reinvestment feature.