X0202 4 2007-11-16 1 0000714710 COMMUNITY BANKS INC /PA/ CMTY 0001224268 SEIBERT JEFFREY M 1317 MOULSTOWN RD N HANOVER PA 17331 0 1 0 0 EVP Common Stock 2007-11-16 4 D 0 54231.918 0 D 0 D Common Stock 2007-11-16 4 D 0 10605.89 0 D 0 I By 401(k) Plan Employee Stock Option 12.6857 2007-11-16 4 D 0 7659 21.3143 D 2001-11-30 2010-11-30 Common Stock 7659 0 D Employee Stock Option 14 2007-11-16 4 D 0 8042 20 D 2000-12-06 2009-12-06 Common Stock 8042 0 D Employee Stock Option 14.0571 2007-11-16 4 D 0 8443 19.9429 D 1999-12-07 2008-12-07 Common Stock 8443 0 D Employee Stock Option 14.5524 2007-11-16 4 D 0 5133 19.4476 D 1998-04-01 2008-01-20 Common Stock 5133 0 D Employee Stock Option 18.0952 2007-11-16 4 D 0 8752 15.9048 D 2002-12-06 2011-12-06 Common Stock 8752 0 D Employee Stock Option 20.0571 2007-11-16 4 D 0 8335 13.9429 D 2003-12-06 2012-12-06 Common Stock 8335 0 D Employee Stock Option 24.52 2007-11-16 4 D 0 15000 9.48 D 2008-01-22 2014-01-22 Common Stock 15000 0 D Employee Stock Option 27.4095 2007-11-16 4 D 0 14700 6.5905 D 2007-01-25 2013-01-25 Common Stock 14700 0 D Employee Stock Option 27.5143 2007-11-16 4 D 0 10500 6.4857 D 2005-06-06 2014-12-06 Common Stock 10500 0 D Employee Stock Option 28.9524 2007-11-16 4 D 0 7938 5.0476 D 2004-12-04 2013-12-04 Common Stock 7938 0 D This option was cancelled pursuant to the merger agreement in exchange for a cash payment representing the difference between the exercise price of the option and $34.00, the cash consideration in the merger. Pursuant to the merger agreement between the issuer and Susquehanna, the vesting of all unvested stock options was accelerated. Disposed of pursuant to the merger agreement between the issuer and Susquehanna Bancshares, Inc. in exchange for either $34.00 cash or 1.48 shares of Susquehanna common stock for each share of Community. On the effective date of the merger, the market value of Susquehanna common stock was $18.71per share. Richard A. Soulies, POA 2007-11-16