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

Role: President, Commercial Banking
Signature: /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Jeffrey M. Levy
Issuer symbol: CBU
Transactions as of: 15 Mar 2022
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 15 Mar 2023, 12:40:30 UTC
Date Of Original Report: 30 Mar 2022
Next filing: 16 Mar 2022
SEC: View on sec.gov

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	+1,940		$0.000000	1,940	15 Mar 2022	Common Stock	1,940	$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.