Joseph Jonathon Lemchak - 15 Mar 2022 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role: SVP, Chief Investment Officer
Signature: Danielle M. Cima, pursuant to a Confirming Statement executed by Joseph J. Lemchak
Issuer symbol: CBU
Transactions as of: 15 Mar 2022
Net transactions value: $0
Form type: 4
Filing time: 16 Mar 2022, 17:25:49 UTC
Previous filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBU	Common Stock	Award	$0	+315	+18%	$0.000000	2,068	15 Mar 2022	Direct
holding	CBU	Common Stock						3,374	15 Mar 2022	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
transaction	CBU	Stock Option	Award	$0	+1,268		$0.000000	1,268	15 Mar 2022	Common Stock	1,268	$72.51	Direct	F2

* 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 vests ratably on March 15, 2023, 2024, 2025, 2026, and 2027.