0001127602-13-000234.txt : 20130102 0001127602-13-000234.hdr.sgml : 20130101 20130102161602 ACCESSION NUMBER: 0001127602-13-000234 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130102 DATE AS OF CHANGE: 20130102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DICERBO NICHOLAS A CENTRAL INDEX KEY: 0001234449 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 13502151 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 2012-12-31 0000723188 COMMUNITY BANK SYSTEM INC CBU 0001234449 DICERBO NICHOLAS A 2835 WEST RIVER ROAD OLEAN NY 14760 1 Common Stock 2012-12-30 5 G 0 E 5759 0 D 122125.1674 D Common Stock 2012-12-31 4 M 0 3118 0 A 125243.1674 D Common Stock 100810.9066 I By Law Firm (Partner) Common Stock 864.467 I By Spouse Phantom Stock (Deferred Compensation) 2012-12-31 4 M 0 3118 0 D Common Stock 3118 54151.4721 D Phantom Stock (Stock Balance Plan) Common Stock 18060.97 18060.97 D Gifts to the reporting person's children and their respective spouses. 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 December 31, 2012, the reporting person's phantom stock units were settled for an equal number of shares and cash for .3148 share at $27.36 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. 3,118.3148 phantom stock units were settled for 3,118 shares of common stock and cash for .3148 share at $27.36. 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. Includes 673.63 units of phantom stock acquired during 2012 under the Stock Balance Plan's dividend reinvestment feature. /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Nicholas A. DiCerbo 2013-01-02