Martin K. Birmingham - Feb 26, 2022 Form 4 Insider Report for FINANCIAL INSTITUTIONS INC (FISI)

Role
President & CEO
Signature
Sonia M. Dumbleton, by power of attorney
Stock symbol
FISI
Transactions as of
Feb 26, 2022
Transactions value $
-$154,128
Form type
4
Date filed
3/1/2022, 07:44 AM
Previous filing
Jan 21, 2022
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FISI Common Stock Options Exercise +13.4K +14.56% 106K Feb 26, 2022 Direct F1
transaction FISI Common Stock Tax liability -$154K -4.81K -4.56% $32.03 101K Feb 26, 2022 Direct
holding FISI Common Stock 7.5K Feb 26, 2022 Held in IRA
holding FISI Common Stock 10.4K Feb 26, 2022 Held in 401K Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FISI Restricted Stock Unit Options Exercise $0 -13.4K -100% $0.00* 0 Feb 26, 2022 Common Stock 13.4K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of common stock on a one-for-one basis.
F2 Includes 87 shares acquired under the FISI 401(k) plan since the date of the reporting person's last ownership report.