Community Bank System director was just granted 99 restricted shares

Mark J. Bolus, a director of Community Bank System, just received 99 restricted shares from the company. The restricted shares don't become available to Bolus until such time as they become vested. Bolus now owns at least 2,529 restricted shares of the company.

Some additional info was provided as follows:

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. Includes 15.6623 units of phantom stock acquired on April 10, 2014 under the Deferred Compensation Plan's dividend reinvestment feature.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Community Bank System director just cashed-in 533 options - Nov. 20, 2014
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