SEC Form 4 · accession 0001127602-16-064709
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
Oct 11, 2016
Accepted (ET)
Oct 12, 2016 · 2:53 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 | Oct 11, 2016 | M | 7,360 | $19.48 | A | 129,812 | D | |
| Common Stock | Oct 11, 2016 | F | 5,223 | $48.67 | D | 124,589 | D | |
| Common Stock | holding | — | — | — | 15,954 | 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 OptionF1 | $19.48 | Oct 11, 2016 | M | 7,360 | D | — | Jan 20, 2020 | Common Stock | 7,360 | 0 | D |
Explanation of responses
- F1The option vested ratably on January 20, 2011, 2012, 2013, 2014, and 2015.