Filing Details

Accession Number:
0001127602-12-011726
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-03-23 17:20:17
Reporting Period:
2012-03-21
Filing Date:
2012-03-23
Accepted Time:
2012-03-23 17:20:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
723188 Community Bank System Inc CBU National Commercial Banks (6021) 161213679
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1265443 D Brian Donahue 229 Carolina Street
Olean NY 14760
Chief Banking Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-03-21 1,672 $0.00 24,185 No 4 A Direct
Common Stock Acquisiton 2012-03-21 4,400 $15.68 28,585 No 4 M Direct
Common Stock Disposition 2012-03-21 2,400 $28.79 26,185 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Disposition 2012-03-21 4,400 $0.00 4,400 $15.68
Common Stock Stock Option Acquisiton 2012-03-21 7,602 $0.00 7,602 $28.78
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,898 2004-01-01 2013-01-01 No 4 M Direct
7,602 2022-03-21 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,552 Indirect By 401(k) Plan
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.78 to $28.83, 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.
  2. The number of shares reported herein is based on a current plan statement.
  3. The option vests ratably on March 21, 2013, 2014, 2015, 2016 and 2017.