-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FYGMigrXKX2TDsszeQeU+ALyMFnuJpdm+lWJDSlWSP6k8cZUnDbWu1bk5k1R0DIv uCU6BnA4cSIWqvsx+g0bsQ== 0001127602-10-001100.txt : 20100107 0001127602-10-001100.hdr.sgml : 20100107 20100107174243 ACCESSION NUMBER: 0001127602-10-001100 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100105 FILED AS OF DATE: 20100107 DATE AS OF CHANGE: 20100107 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PARENTE CHARLES E CENTRAL INDEX KEY: 0001279178 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 10515667 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COMMUNITY BANK SYSTEM INC CENTRAL INDEX KEY: 0000723188 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 161213679 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5790 WIDEWATERS PKWY CITY: DEWITT STATE: NY ZIP: 13214 BUSINESS PHONE: 8007242262 MAIL ADDRESS: STREET 1: 5790 WIDEWATERS PARKWAY CITY: DEWITT STATE: NY ZIP: 13214 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2010-01-05 0000723188 COMMUNITY BANK SYSTEM INC CBU 0001279178 PARENTE CHARLES E 356 SEDGWICK COURT NAPLES FL 34108 1 Common Stock 2010-01-05 4 M 0 3526 0 A 14036 D Common Stock 348000 I By Benevento & Mayo Partners Common Stock 21000 I By C.e. Parente Trust U/a Dated September 12, 1979 Common Stock 3000 I By Spouse Phantom Stock (Deferred Compensation) 2010-01-05 4 M 0 3526 0 D Common Stock 3526 0.0634 D Phantom Stock (Deferred Compensation) 2010-01-05 4 M 0 0.0634 0 D Common Stock 0.0634 0 D Each phantom stock unit relating to the Deferred Compensation Plan entitles the reporting person to receive one share of Community Bank System, Inc. common stock. On January 5, 2010, the reporting person's phantom stock units were settled for an equal number of shares and cash for .0634 shares at $18.57 per share. 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. /s/ Donna J. Drengel, as attorney-in-fact, pursuant to a power of attorney for Charles E. Parente 2010-01-07 -----END PRIVACY-ENHANCED MESSAGE-----