Filing Details
- Accession Number:
- 0001127602-19-032569
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-12 19:08:08
- Reporting Period:
- 2019-11-11
- Accepted Time:
- 2019-11-12 19:08:08
- 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 |
|---|---|---|---|---|---|---|---|
| 1741822 | F Joseph Serbun | C/O Community Bank System, Inc. 5790 Widewaters Parkway Dewitt NY 13214 | Evp, Chief Credit Officer | No | Yes | 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 | 2019-11-11 | 3,484 | $28.78 | 14,599 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-11-11 | 3,858 | $29.79 | 18,457 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-11-11 | 7,342 | $68.59 | 11,115 | 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 | 2019-11-11 | 3,484 | $0.00 | 3,484 | $28.78 |
| Common Stock | Stock Option | Disposition | 2019-11-11 | 3,858 | $0.00 | 3,858 | $29.79 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2022-03-21 | No | 4 | M | Direct | |
| 0 | 2023-03-19 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 1,010 | Indirect | By 401(k) Plan |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.50 to $68.93, 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.
- The number of shares reported herein acquired pursuant to Community Bank System, Inc.'s 401(k) Plan and are based on a current plan statement.
- The option vested ratably on March 21, 2013, 2014, 2015, 2016 and 2017.
- The option vested ratably on March 19, 2014, 2015, 2016, 2017 and 2018.
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