0001127602-17-028145.txt : 20170926 0001127602-17-028145.hdr.sgml : 20170926 20170926170429 ACCESSION NUMBER: 0001127602-17-028145 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170926 FILED AS OF DATE: 20170926 DATE AS OF CHANGE: 20170926 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ACE BRIAN R CENTRAL INDEX KEY: 0001264817 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 171102650 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 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK NA, a subsidiary of Community Bank System Inc DATE OF NAME CHANGE: 20130729 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK NA, a subsidiary of Community Bank System Inc. DATE OF NAME CHANGE: 20130726 FORMER COMPANY: FORMER CONFORMED NAME: COMMUNITY BANK SYSTEM INC DATE OF NAME CHANGE: 19920703 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2017-09-26 0000723188 COMMUNITY BANK SYSTEM, INC. CBU 0001264817 ACE BRIAN R C/O COMMUNITY BANK SYSTEM, INC. 5790 WIDEWATERS PARKWAY DEWITT NY 13214 1 Common Stock 2017-09-26 4 M 0 5457 18.09 A 55647 D Common Stock 2017-09-26 4 S 0 5457 53.345 D 50190 D Common Stock 134 I By Spouse Stock Option 18.09 2017-09-26 4 M 0 5457 0 D 2008-01-16 2018-01-16 Common Stock 5457 0 D Phantom Stock (Deferred Compensation) Common Stock 20677.0312 20677.0312 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.20 to $53.49, 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 137.274 and 131.1844 units of phantom stock acquired on April 10, 2017 and July 10, 2017, respectively, under the Deferred Compensation Plan's dividend reinvestment feature. /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Brian R. Ace 2017-09-26