Kerrie D. MacPherson - 14 Mar 2023 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Reporting relationship: Director
Issuer ticker: CBU
Reported as of: 14 Mar 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Mar 2023, 18:52:49 UTC
Prior SEC filing: 29 Apr 2022
Next SEC filing: 21 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Kerrie D. MacPherson

Key filing fact

Kerrie D. MacPherson filed Form 4 for COMMUNITY BANK SYSTEM, INC. (CBU) on 14 Mar 2023.

Key facts

This page summarizes Kerrie D. MacPherson's Form 4 filing for COMMUNITY BANK SYSTEM, INC. (CBU).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 14 Mar 2023, 18:52.

Change

Previous filing in this sequence was filed on 29 Apr 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CBU transaction Derivative

Phantom Stock (Deferred Stock Units)

Award

Transaction value: $0
Shares: +1,154
Change %: +54%
Price: $0.000000
Shares after: 3,308
Date: 14 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,154
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reporting person has received deferred stock units under the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended (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.

Footnote F2

Includes 57.5237 units of phantom stock acquired as dividend equivalents under the Plan.