X0202 4 2005-12-23 0001163345 PARTNERS TRUST FINANCIAL GROUP INC PRTR 0001027192 CRAINE WILLIAM C 233 GENESEE STREET UTICA NY 13501 1 0 0 0 Common Stock 2005-12-23 4 G 0 60500 0 D 4500 I by mother Common Stock 2005-12-23 4 G 0 19000 0 A 33400 I by brother Common Stock 2005-12-23 4 G 0 3500 0 A 10300 I by Family Foundation Common Stock 2005-12-23 4 G 0 19000 0 A 297902 D Transaction is a gift of shares to children and Family Foundation. 65,000 shares - indirect, by father transferred to father's Living Trust. 65,000 shares - indirect, by father's Living Trust transferred to mother. 5,518 shares - indirect, by father's IRA transferred to mother's IRA. 1,500 shares - direct transferred to indirect, by IRA. Amount of securities beneficially owned following reported transaction(s): 297,902 - direct; 1,500 - indirect, by IRA; 2,520 - indirect, by wife; 3,420 - indirect, by son; 4,500 - indirect, by mother; 18,000 - indirect, by mother's Living Trust; 5,518 - indirect, by mother's IRA; 33,400 - indirect, by brother; 10,300 - indirect, by Family Foundation. Number of derivative securities following reported transaction(s): 48,668 - non-qualified stock options - direct William C. Craine, by J. Daniel Mohr 2005-12-28