SEC Form 4 · accession 0001127602-17-002499
COMMUNITY FINANCIAL SYSTEM, INC. · CBU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Parente
Director
Period of report
Jan 26, 2017
Accepted (ET)
Jan 26, 2017 · 4:33 pm EST
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 | Jan 26, 2017 | S | 5,000 | $61.56 | D | 17,336 | I | By Charles E. Parente Revocable Trust |
| Common Stock | holding | — | — | — | 63,947 | D | ||
| Common Stock | holding | — | — | — | 10,000 | I | By son, John K. Parente Trust U/A 6/15/96 | |
| Common Stock | holding | — | — | — | 10,000 | I | By son, Louis C. Parente Trust U/A 3/29/01 | |
| Common Stock | holding | — | — | — | 10,000 | I | By son, Samuel M. Parente Trust U/A 6/16/98 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.36 to $61.89, inclusive. The reporting person undertakes to provide Community Bank System, Inc., any security holder of Community Bank System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.