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

Role
President & CEO
Signature
Sonia M. Dumbleton, by power of attorney
Issuer symbol
FISI
Transactions as of
26 Feb 2022
Net transactions value
-$154,128
Form type
4
Filing time
01 Mar 2022, 07:44:04 UTC
Previous filing
21 Jan 2022
Next filing
18 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FISI Common Stock Options Exercise +13,424 +15% 105,612 26 Feb 2022 Direct F1
transaction FISI Common Stock Tax liability $154,128 -4,812 -4.6% $32.03 100,800 26 Feb 2022 Direct
holding FISI Common Stock 7,500 26 Feb 2022 Held in IRA
holding FISI Common Stock 10,393 26 Feb 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 -13,424 -100% $0.000000* 0 26 Feb 2022 Common Stock 13,424 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.