Community Bank System director was just granted 380 restricted shares


Nicholas A Dicerbo, a director of Community Bank System, just received 380 restricted shares from the company. The restricted shares don't become available to Dicerbo until such time as they become vested. Dicerbo now owns at least 47,999 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.

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

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