Dimitar Karaivanov - Jun 10, 2021 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
EVP Financial Serv & Corp Dev
Signature
c/o Marguerite K. Geiss, pursuant to a Confirming Statement executed by Dimitar Karaivanov
Stock symbol
CBU
Transactions as of
Jun 10, 2021
Transactions value $
$0
Form type
4
Date filed
6/14/2021, 04:24 PM
Previous filing
Jun 14, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBU Common Stock Award $0 +10.8K $0.00 10.8K Jun 10, 2021 Direct F1
transaction CBU Common Stock Award $0 +2.7K +24.94% $0.00 13.5K Jun 10, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CBU Stock Option Award $0 +11.7K $0.00 11.7K Jun 10, 2021 Common Stock 11.7K $80.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Initial grant of restricted stock that vests ratably on June 10, 2022, 2023 and 2024.
F2 Annual grant of restricted stock that vests ratably on June 10, 2022, 2023, 2024, 2025 and 2026.
F3 The option vests ratably on June 10, 2022, 2023, 2024, 2025, and 2026