0001127602-20-011342.txt : 20200318 0001127602-20-011342.hdr.sgml : 20200318 20200318202334 ACCESSION NUMBER: 0001127602-20-011342 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200316 FILED AS OF DATE: 20200318 DATE AS OF CHANGE: 20200318 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Pecor Raymond C III CENTRAL INDEX KEY: 0001475265 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13695 FILM NUMBER: 20726163 MAIL ADDRESS: STREET 1: 1 KING STREET DOCK CITY: BURLINGTON STATE: VT ZIP: 05401 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 2020-03-16 0000723188 COMMUNITY BANK SYSTEM, INC. CBU 0001475265 Pecor Raymond C III C/O COMMUNITY BANK SYSTEM, INC. 5790 WIDEWATERS PARKWAY DEWITT NY 13214 1 Common Stock 2020-03-16 4 M 0 307.0985 0 A 6929.2585 D Common Stock 2020-03-16 4 M 0 1031.1078 0 A 7960.3663 D Common Stock 8359.383 I By Trust Phantom Stock (Deferred Stock Units) 2020-03-16 4 M 0 307.0985 0 D Common Stock 307.0985 622.9858 D Phantom Stock (Deferred Compensation) 2020-03-16 4 M 0 1031.1078 0 D Common Stock 1031.1078 1082.9556 D Phantom Stock (Deferred Stock Units) 2020-03-17 4 A 0 667 0 A Common Stock 667 1289.9858 D On March 16, 2020, the reporting person's deferred stock units were settled for an equal number of shares of Community Bank System, Inc. common stock. Includes an additional 785.056 shares to update the number of shares reported. On March 16, 2020, the reporting person's phantom stock units were settled for an equal number of shares of Community Bank System, Inc. common stock. Includes an additional 1,967.383 shares to update the number of shares held by the two trusts established for the benefit of the reporting person's niece and nephew. The reporting person is the trustee of the trusts. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose. 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 5.3712 units of phantom stock acquired on January 10, 2029 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 9.9531 units of phantom stock acquired on January 10, 2020 under the Deferred Compensation Plan's dividend reinvestment feature. Danielle M. Cima, pursuant to a Confirming Statement executed by Raymond C. Pecor, III 2020-03-18