Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. On April 1, 2014, 9,891.99 units of the reporting person's phantom stock were settled for an equal number of Community Bank System, Inc. common stock.
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:
Quarterly report filed by institutional managers, Holdings - July 25, 2014
Community Bank: Results Of Operations And Financial Condition - July 21, 2014