Dimitar Karaivanov - Mar 15, 2022 Form 4/A - Amendment Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role
EVP, Chief Operating Officer
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Dimitar Karaivanov
Stock symbol
CBU
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/15/2023, 10:51 AM
Date Of Original Report
Mar 16, 2022
Previous filing
Mar 8, 2022
Next filing
Jun 8, 2022

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 +6.17K $0.00 6.17K Mar 15, 2022 Common Stock 6.17K $71.78 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is filed to correct the exercise price of the stock option which was originally reported as $72.51. The correct exercise price is $71.78 as set forth in this amendment.
F2 The option vests ratably on March 15, 2023, 2024, 2025, 2026, and 2027.