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:
Community Bank System Just Filed Its Quarterly Report: NOTE I: EARNINGS PE... - Nov. 7, 2014
Community Bank System director was just granted 135 restricted shares - Oct. 24, 2014
Community Bank System director just declared owning 244,211 shares of Community Bank System - Oct. 24, 2014