Form Type: 4

SEC EDGAR Link
Accession Number:0001127602-20-025421
Date:2020-09-17
Issuer: COMMUNITY BANK SYSTEM, INC. (CBU)
Original Submission Date:

Reporting Person:

MICHAEL R KALLET
C/O COMMUNITY BANK SYSTEM, INC.
5790 WIDEWATERS PARKWAY DEWITT, NY 13214

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
PHANTOM STOCK (DEFERRED COMPENSATION) 0.0 2020-09-17 deemed execution date A 302 (a) common stock 302 $0.00 5,518 direct
Footnotes
IDfootnote
f1 each unit of phantom stock is the economic equivalent of one share of community bank system, inc. common stock. the units of phantom stock relating to the deferred compensation plan will be settled in community bank system, inc. common stock at future dates selected by the reporting person.
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