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4//SEC Filing

COMMUNITY BANK SYSTEM INC 4

Accession 0001239944-08-000007

$CBUCIK 0000723188operating
View on SEC.govCompany Profile

Filed

Jan 17, 7:00 PM ET

Accepted

Jan 18, 11:39 AM ET

Size

14.5 KB

Accession

0001239944-08-000007

Insider Transaction Report

Form 4
Period: 2008-01-01
COMMUNITY BANK SYSTEM INCCBU
DEMPSEY WILLIAM M
Director
Transactions
  • Award

    Phantom Stock (Stock Balance Plan)

    2008-01-16+1,090.78→ 15,891.08 total
    → Common Stock (1,090.78 underlying)
  • Exercise/Conversion

    Deferred Stock (Deferred Compensation)

    2008-01-01−411.817→ 4,442.376 total
    → Common Stock (411.817 underlying)
  • Award

    Deferred Stock (Deferred Compensation)

    2008-01-16+2,063.367→ 6,505.743 total
    → Common Stock (2,063.367 underlying)
  • Exercise/Conversion

    Common Stock

    2008-01-01+411→ 4,308.193 total
  • Award

    Stock Option

    2008-01-16+5,457→ 5,457 total
    Exercise: $18.09From: 2008-01-16Exp: 2018-01-16→ Common Stock (5,457 underlying)
Footnotes (4)
  • [F1]Each deferred stock unit entitles the reporting person to receive one share of Community Bank System, Inc. common stock. On January 1, 2008, the reporting person's deferred stock units were settled for an equal number of shares and cash for .8167 shares at $19.87 per share.
  • [F2]Includes 39.701 shares acquired on October 10, 2007 under the Community Bank System, Inc. Dividend Reinvestment Plan.
  • [F3]Each deferred stock unit entitles the reporting person to receive one share of Community Bank System, Inc. common stock. Awards relating to the deferred stock units (Deferred Comp. Plan) may be settled upon the reporting person's attainment of age 55.
  • [F4]Each phantom stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock. Phantom Stock (Stock Balance Plan) may be settled upon the later of the reporting person's attainment of age 55 or termination of service on Community Bank System, Inc.'s Board of Directors.

Documents

1 file

Issuer

COMMUNITY BANK SYSTEM INC

CIK 0000723188

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000723188

Filing Metadata

Form type
4
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 11:39 AM ET
Size
14.5 KB
View on SEC.gov