X0303 4 2011-01-19 0000723188 COMMUNITY BANK SYSTEM INC CBU 0001485739 Whipple John F. 1692 GOODRICH AVENUE OLEAN NY 14760 1 Stock Option 27.36 2011-01-19 4 A 0 3850 0 A 2011-01-19 2021-01-19 Common Stock 3850 3850 D Phantom Stock (Deferred Compensation) 2011-01-19 4 A 0 127.924 27.36 A Common Stock 127.924 4763.7255 D 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. Includes 37.9915 units of phantom stock acquired on January 10, 2011 under the Deferred Compensation Plan's dividend reinvestment feature. /s/ Donna J. Drengel, pursuant to a Confirming Statement executed by John F. Whipple, Jr. 2011-01-21