0001127602-12-023974.txt : 20120807 0001127602-12-023974.hdr.sgml : 20120807 20120807170551 ACCESSION NUMBER: 0001127602-12-023974 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120807 FILED AS OF DATE: 20120807 DATE AS OF CHANGE: 20120807 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: 121014156 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 X0306 4 2012-08-07 0000723188 COMMUNITY BANK SYSTEM INC CBU 0001233242 CANTWELL PAUL M JR 37 CONSTABLE STREET MALONE NY 12953 1 Common Stock 2012-08-07 4 M 0 4800 15.675 A 108462 D Common Stock 2012-08-07 4 M 0 4822 18.08 A 113284 D Common Stock 2012-08-07 4 S 0 9622 28.0064 D 103662 D Common Stock 10450 I By Spouse Stock Option 15.675 2012-08-07 4 M 0 4800 0 D 2003-01-01 2013-01-01 Common Stock 4800 0 D Stock Option 18.08 2012-08-07 4 M 0 4822 0 D 2009-01-29 2019-01-29 Common Stock 4822 0 D Phantom Stock (Deferred Compensation) Common Stock 2764.3241 2764.3241 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.00 to $28.05, inclusive. The reporting person undertakes to provide Community Bank System, Inc., any security holder of Community Bank System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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. Includes 26.1259 units of phantom stock acquired on July 10, 2012 under the Deferred Compensation Plan's dividend reinvestment feature. /s/ Donna J. Drengel, as attorney-in-fact, pursuant to a power of attorney for Paul M. Cantwell, Jr. 2012-08-07