Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001127602-23-018958 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-06-20 | 2023-06-15 | CBU | DAVIS JEFFREY L | Dir | M - OptEx | $0.00 | +1,913 | 22.7K | +9% | $0 |
| DM | 2023-06-20 | 2023-06-15 | CBU | DAVIS JEFFREY L | Dir | M - OptEx | $0.00 | -1,913 | 5,304 | -27% | $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 | 2023-06-15 | M | A | 695.45 | $0.00 | 23,428.88 | D | — | — | |
| 2 | Common | Common Stock | 2023-06-15 | M | A | 1,217.43 | $0.00 | 22,733.43 | D | — | — | |
| 3 | Derivative | Phantom Stock (Deferred Stock Units) | 2023-06-15 | M | D | 695.45 | $0.00 | 3,971.14 | D | — · — to — | 695.45 Common Stock | (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. |
| 4 | Derivative | Phantom Stock (Deferred Compensation) | 2023-06-15 | M | D | 1,217.43 | $0.00 | 5,304.25 | D | — · — to — | 1,217.43 Common Stock | (F1) 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. |