0001127602-12-001926.txt : 20120118 0001127602-12-001926.hdr.sgml : 20120118 20120118163732 ACCESSION NUMBER: 0001127602-12-001926 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120113 FILED AS OF DATE: 20120118 DATE AS OF CHANGE: 20120118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CANTWELL PAUL M JR CENTRAL INDEX KEY: 0001233242 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 12532463 MAIL ADDRESS: STREET 1: 37 CONSTABLE STREET CITY: MALONE STATE: NY ZIP: 12953 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 X0304 4 2012-01-13 0000723188 COMMUNITY BANK SYSTEM INC CBU 0001233242 CANTWELL PAUL M JR 37 CONSTABLE STREET MALONE NY 12953 1 Common Stock 2012-01-13 4 M 0 895 0 A 103662 D Common Stock 10450 I By Spouse Phantom Stock (Deferred Compensation) 2012-01-13 4 M 0 895 0 D Common Stock 895 2680 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 13, 2012, the reporting person's phantom stock units were settled for an equal number of shares and cash for .5305 share at $27.80 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. 895.5305 phantom stock units were settled for 895 shares of common stock and cash for .5305 share at $27.80. /s/ Donna J. Drengel, as attorney-in-fact, pursuant to a power of attorney for Paul M. Cantwell, Jr. 2012-01-18