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.
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:
Current report, items 2.02 and 9.01 - Jan. 21, 2015
Community Bank System's Chief Banking Officer just disposed of 242 shares - Jan. 5, 2015
Community Bank System's Chief Financial Officer just disposed of 295 shares - Jan. 5, 2015
Community Bank System's Executive VP & General Counsel just disposed of 290 shares - Jan. 5, 2015
Community Bank System's President & CEO just disposed of 714 shares - Jan. 5, 2015