JEFFREY M. LEVY - 16 Mar 2022 Form 3 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
President, Commercial Banking
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Jeffrey M. Levy
Issuer symbol
CBU
Transactions as of
16 Mar 2022
Net transactions value
$0
Form type
3
Filing time
16 Mar 2022, 17:23:29 UTC
Previous filing
15 Mar 2023
Next filing
30 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CBU Common Stock 3,575 16 Mar 2022 Direct
holding CBU Common Stock 1,417 16 Mar 2022 By 401(k) Plan F1

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
holding CBU Stock Option 16 Mar 2022 Common Stock 1,158 $59.41 Direct F2
holding CBU Stock Option 16 Mar 2022 Common Stock 2,273 $51.64 Direct F3
holding CBU Stock Option 16 Mar 2022 Common Stock 1,708 $79.66 Direct F4
holding CBU Stock Option 16 Mar 2022 Common Stock 1,940 $72.51 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The option vested ratably on March 20, 2020, 2021, 2022, 2023 and 2024.
F3 The option vested ratably on March 17, 2021, 2022, 2023, 2024 and 2025.
F4 The option vested ratably on March 16, 2022, 2023, 2024, 2025 and 2026.
F5 The option vests ratably on March 15, 2023, 2024, 2025, 2026, and 2027.