SEC Form 4 · accession 0001127602-16-058140
COMMUNITY FINANCIAL SYSTEM, INC. · CBU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Allen Kingsley
Officer — Chief Financial Officer
Period of report
Jul 18, 2016
Accepted (ET)
Jul 18, 2016 · 4:46 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 | 6,536 | $18.09 | A | 37,428 | D | |
| Common Stock | Jul 18, 2016 | F | 4,144 | $43.16 | D | 33,284 | D | |
| Common StockF1 | holding | — | — | — | 4,867 | 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 18, 2016 | M | 6,536 | D | — | Jan 16, 2018 | Common Stock | 6,536 | 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 ratably on January 16, 2009, 2010, 2011, 2012, and 2013.