Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2022-12-05 00:00:00 ET · period of report 2022-12-01 · accession 0001104659-22-124644 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-05 | 2022-12-01 | CBU | Whipple John F. | Dir | M - OptEx | $0.00 | +1,225 | 3,856 | +47% | $0 |
| D | 2022-12-05 | 2022-12-01 | CBU | Whipple John F. | Dir | M - OptEx | $0.00 | -1,225 | 8,605 | -12% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-01 | M | A | 1,225.14 | $0.00 | 3,855.63 | D | — | — | (F1) On December 1, 2022, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock. |
| 2 | Derivative | Phantom Stock (Deferred Compensation) | 2022-12-01 | M | D | 1,225.14 | $0.00 | 8,605.32 | D | — · — to — | 1,225.14 Common Stock | (F2) Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person. |