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