SEC Form 4 · accession 0001127602-16-053962
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 31, 2016 · 5:04 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 | May 26, 2016 | S | 703 | $41.00 | D | 200,517 | D | |
| Common Stock | May 27, 2016 | S | 248 | $41.00 | D | 200,269 | D | |
| Common Stock | May 27, 2016 | S | 962 | $41.00 | D | 0 | I | By Spouse |
| Common Stock | May 27, 2016 | S | 0 | $13.61 | D | 0 | I | By Spouse |
| Common Stock | May 31, 2016 | M | 4,566 | $28.78 | A | 204,835 | D | |
| Common Stock | May 31, 2016 | F | 3,234 | $41.15 | D | 201,601 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $28.78 | May 31, 2016 | M | 4,566 | D | Mar 21, 2012 | Mar 21, 2022 | Common Stock | 4,566 | 0 | D |