Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2024-04-16 00:00:00 ET · period of report 2024-04-12 · accession 0001127602-24-012953 · 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 | 2024-04-16 | 2024-04-12 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | +1,464 | 35.1K | +4% | $0 |
| D | 2024-04-16 | 2024-04-12 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | -1,464 | 1,148 | -56% | $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 | 2024-04-12 | M | A | 1,464 | $0.00 | 35,092 | D | — | — | (F1) On April 12, 2024, the reporting person's phantom stock units were settled for 1,464 shares of Community Bank System, Inc. common stock, and .1642 shares were settled in cash at the price of $42.92 per share. |
| 2 | Derivative | Phantom Stock (Deferred Stock Units) | 2024-04-12 | M | D | 1,464 | $0.00 | 1,148.42 | D | — · — to — | 1,464 Common Stock | (F3) Includes 14.9846 units of phantom stock acquired on April 10, 2024 under the dividend reinvestment feature. (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. |