0001127602-19-012457.txt : 20190320
0001127602-19-012457.hdr.sgml : 20190320
20190320171259
ACCESSION NUMBER: 0001127602-19-012457
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190318
FILED AS OF DATE: 20190320
DATE AS OF CHANGE: 20190320
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MICHAEL R KALLET
CENTRAL INDEX KEY: 0001202795
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13695
FILM NUMBER: 19695252
MAIL ADDRESS:
STREET 1: 182 MAIN STREET
CITY: ONEIDA
STATE: NY
ZIP: 13421
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
2019-03-18
0000723188
COMMUNITY BANK SYSTEM, INC.
CBU
0001202795
MICHAEL R KALLET
C/O COMMUNITY BANK SYSTEM, INC.
5790 WIDEWATERS PARKWAY
DEWITT
NY
13214
1
Common Stock
2019-03-18
4
S
0
6725
62.4851
D
56009
D
Common Stock
8759
I
By Wife
Common Stock
1988
I
By IRA
Phantom Stock (Deferred Stock Units)
2019-03-20
4
A
0
576
0
A
Common Stock
576
2716.3182
D
Phantom Stock (Deferred Compensation)
Common Stock
3555.4596
3555.4596
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.06 to $62.70, 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.
Includes an additional 4,065.2713 shares to correct the reporting person's holdings to reflect the current number of shares owned.
The reporting person has received deferred stock units under the Community Bank System, Inc. 2014 Long-Term Incentive Plan. Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.
Includes 13.1033 units of phantom stock acquired as dividend equivalents under the 2014 Long-Term Incentive Compensation Program.
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 19.7916 units of phantom stock acquired on January 10, 2019 under the Deferred Compensation Plan's dividend reinvestment feature.
Danielle M. Cima, pursuant to a Confirming Statement executed by Michael R. Kallet
2019-03-20