Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2023-03-16 00:00:00 ET · period of report 2023-03-14 · accession 0001127602-23-010395 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-03-16 | 2023-03-15 | CBU | STICKELS ERIC | Dir | I - Discretionary | $53.97 | +4,632 | 14.0K | +49% | +$250.0K |
| D | 2023-03-16 | 2023-03-14 | CBU | STICKELS ERIC | Dir | A - Grant | $0.00 | +1,154 | 3,393 | +52% | $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 | 2023-03-15 | I | A | 4,632.20 | $53.97 | 14,005.77 | I By Wife's Community Bank System, Inc. 401(k) | — | — | (F1) The number of share reported herein were acquired pursuant to Community Bank System, Inc.'s 401(K) Plan and are based on a current plan statement. |
| 2 | Derivative | Phantom Stock (Deferred Stock Units) | 2023-03-14 | A | A | 1,154 | $0.00 | 3,393.39 | D | — · — to — | 1,154 Common Stock | (F3) Includes 70.3289 units of phantom stock acquired as dividend equivalents under the Plan. (F2) The reporting person has received deferred stock units under the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended (the "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. |