Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2021-11-01 00:00:00 ET · period of report 2021-10-28 · accession 0001127602-21-027940 · 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 | 2021-11-01 | 2021-10-28 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | +179.73 | 50.9K | +0.4% | $0 |
| D | 2021-11-01 | 2021-10-28 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | -179.73 | 566.12 | -24% | $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 | 2021-10-28 | M | A | 179.73 | $0.00 | 50,923.22 | D | — | — | (F1) On October 28, 2021, the reporting person's deferred stock units were settled for an equal number of shares of Community Bank System, Inc. common stock. |
| 2 | Derivative | Phantom Stock (Deferred Stock Units) | 2021-10-28 | M | D | 179.73 | $0.00 | 566.12 | D | — · — to — | 179.73 Common Stock | (F2) The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive 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. |