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