Martin K. Birmingham - Apr 20, 2023 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
Apr 20, 2023
Transactions value $
-$1,906
Form type
4
Date filed
4/21/2023, 04:05 PM
Previous filing
Mar 23, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FISI Common Stock Options Exercise +296 +0.27% 111K Apr 20, 2023 Direct F1
transaction FISI Common Stock Tax liability -$1.91K -105 -0.09% $18.15 111K Apr 20, 2023 Direct
holding FISI Common Stock 7.5K Apr 20, 2023 Held in IRA
holding FISI Common Stock 11K Apr 20, 2023 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 Award $0 +164 $0.00 164 Apr 20, 2023 Common Stock 164 Direct F1
transaction FISI Restricted Stock Unit Options Exercise $0 -164 -100% $0.00* 0 Apr 20, 2023 Common Stock 164 Direct F3
transaction FISI Restricted Stock Unit Options Exercise $0 -132 -100% $0.00* 0 Apr 20, 2023 Common Stock 132 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of FISI common stock.
F2 Includes 169 shares acquired under the FISI 401(k) plan since the date of the reporting person's last ownership report.
F3 Restricted stock units convert into shares of common stock on a one-for-one basis.