SEC Form 4 · accession 0001127602-15-022838
COMMUNITY FINANCIAL SYSTEM, INC. · CBU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Tryniski
Officer — President & CEO · Director
Period of report
Jul 14, 2015
Accepted (ET)
Jul 15, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723188
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 14, 2015 | M | 15,574 | $18.09 | A | 101,108 | D | |
| Common Stock | Jul 14, 2015 | F | 10,313 | $38.99 | D | 90,795 | D | |
| Common StockF1 | holding | — | — | — | 14,869 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $18.09 | Jul 14, 2015 | M | 15,574 | D | — | Jan 16, 2018 | Common Stock | 15,574 | 0 | D |
Explanation of responses
- F1The number of shares reported herein were acquired pursuant to Community Bank System, Inc.'s 401(K) Plan and are based on a current plan statement.
- F2The option vested in five equal installments on January 16, 2009, 2010, 2011, 2012, and 2013.