Michael N. Abdo - 01 Jul 2022 Form 3 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
EVP and General Counsel
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Michael N. Abdo
Issuer symbol
CBU
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
3
Filing time
01 Jul 2022, 16:51:34 UTC
Next filing
09 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CBU Common Stock 2,653 01 Jul 2022 Direct
holding CBU Common Stock 290 01 Jul 2022 By 401(k) 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 01 Jul 2022 Common Stock 700 $37.77 Direct F2
holding CBU Stock Option 01 Jul 2022 Common Stock 2,100 $35.36 Direct F3
holding CBU Stock Option 01 Jul 2022 Common Stock 2,287 $38.02 Direct F4
holding CBU Stock Option 01 Jul 2022 Common Stock 1,343 $57.12 Direct F5
holding CBU Stock Option 01 Jul 2022 Common Stock 1,425 $55.92 Direct F6
holding CBU Stock Option 01 Jul 2022 Common Stock 1,338 $59.41 Direct F7
holding CBU Stock Option 01 Jul 2022 Common Stock 2,475 $51.64 Direct F8
holding CBU Stock Option 01 Jul 2022 Common Stock 1,487 $79.66 Direct F9
holding CBU Stock Option 01 Jul 2022 Common Stock 1,573 $71.78 Direct F10
* 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 were 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 19, 2015, 2016, 2017, 2018, and 2019.
F3 The option vested ratably on March 18, 2016, 2017, 2018, 2019, and 2020.
F4 The option vested ratably on March 16, 2017, 2018, 2019, 2020, and 2021.
F5 The option vested ratably on March 15, 2018, 2019, 2020, 2021, and 2022.
F6 The option vests ratably on March 20, 2019, 2020, 2021, 2022, and 2023.
F7 The option vests ratably on March 20, 2020, 2021, 2022, 2023, and 2024.
F8 The option vests ratably on March 17, 2021, 2022, 2023, 2024, and 2025.
F9 The option vests ratably on March 16, 2022, 2023, 2024, 2025, and 2026.
F10 The option vests ratably on March 15, 2023, 2024, 2025, 2026, and 2027.