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

Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Maureen Gillan-Myer
Issuer symbol
CBU
Transactions as of
15 Mar 2022
Transactions value $
$0
Form type
4/A - Amendment
Filing time
15 Mar 2023, 12:13:20 UTC
Date Of Original Report
16 Mar 2022
Previous filing
05 Oct 2021
Next filing
12 Oct 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 +2.68K $0.00 2.68K 15 Mar 2022 Common Stock 2.68K $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.