Mark J. Bolus - 15 Mar 2022 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
Director
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Mark J. Bolus
Issuer symbol
CBU
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 17:01:37 UTC
Previous filing
17 Dec 2021
Next filing
19 Dec 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 82,875 15 Mar 2022 Direct F1
holding CBU Common Stock 7,120 15 Mar 2022 By Mark Bolus Trust F2
holding CBU Common Stock 5,200 15 Mar 2022 By Taylor Bolus Trust F3
holding CBU Common Stock 5,200 15 Mar 2022 By Paige Bolus Trust F3
holding CBU Common Stock 5,200 15 Mar 2022 By Austin Bolus Trust F3
holding CBU Common Stock 5,200 15 Mar 2022 By Noah Bolus Trust F3
holding CBU Common Stock 220 15 Mar 2022 By daughter, Taylor Bolus F4
holding CBU Common Stock 220 15 Mar 2022 By daughter, Paige Bolus F4
holding CBU Common Stock 221 15 Mar 2022 By son, Austin Bolus F5
holding CBU Common Stock 221 15 Mar 2022 By son, Noah Bolus F5

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 Phantom Stock (Deferred Stock Units) Award $0 +644 +111% $0.000000 1,223 15 Mar 2022 Common Stock 644 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,748.5965 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F2 Includes 202.83 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F3 Includes 148.195 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F4 Includes 6.281 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F5 Includes 6.328 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F6 The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan (the "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.
F7 Includes 3.1779 units of phantom stock acquired as dividend equivalents under the Plan.