Joseph E. Sutaris - Dec 2, 2022 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
EVP & Chief Financial Officer
Signature
/s/ Danielle M. Cima, pursuant to a Confiming Statement executed by Joseph E. Sutaris
Stock symbol
CBU
Transactions as of
Dec 2, 2022
Transactions value $
-$33,242
Form type
4
Date filed
12/6/2022, 09:33 AM
Previous filing
Mar 15, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBU Common Stock Options Exercise $84.4K +2.39K +26.91% $35.36 11.3K Dec 2, 2022 Direct
transaction CBU Common Stock Tax liability -$118K -1.81K -16.1% $64.91 9.45K Dec 2, 2022 Direct
holding CBU Common Stock 2.2K Dec 2, 2022 By 401(k) Plan

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 Options Exercise $0 -2.39K -100% $0.00* 0 Dec 2, 2022 Common Stock 2.39K $35.36 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests ratably on March 18, 2016, 2017, 2018, 2019 and 2020.