SEC Form 4 · accession 0001127602-16-058139
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 18, 2016
Accepted (ET)
Jul 18, 2016 · 4:44 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 18, 2016 | M | 20,000 | $17.82 | A | 127,616 | D | |
| Common Stock | Jul 18, 2016 | F | 14,314 | $43.16 | D | 113,302 | D | |
| Common StockF1 | holding | — | — | — | 15,840 | 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 Option | $17.82 | Jul 18, 2016 | M | 20,000 | D | Jan 20, 2010 | Apr 22, 2019 | Common Stock | 20,000 | 21,949 | 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.