SEC Form 4 · accession 0001127602-16-053771
COMMUNITY FINANCIAL SYSTEM, INC. · CBU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas A Dicerbo
Director
Period of report
May 26, 2016
Accepted (ET)
May 27, 2016 · 3:59 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 StockF1 | May 26, 2016 | M | 3,850 | $27.36 | A | 202,503 | D | |
| Common Stock | May 26, 2016 | F | 1,283 | $41.04 | D | 201,220 | D | |
| Common Stock | holding | — | — | — | 962 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $27.36 | May 26, 2016 | M | 3,850 | D | Jan 19, 2011 | Jan 19, 2021 | Common Stock | 3,850 | 0 | D |
Explanation of responses
- F1Includes 968.559 shares acquired on April 11, 2016 under the Community Bank System, Inc. Dividend Reinvestment Plan.