Samuel J. Burruano Jr - Mar 19, 2024 Form 4 Insider Report for FINANCIAL INSTITUTIONS INC (FISI)

Role
Executive Vice President
Signature
Sonia M. Dumbleton, by power of attorney from Samuel J. Burruano, Jr.
Stock symbol
FISI
Transactions as of
Mar 19, 2024
Transactions value $
-$9,639
Form type
4
Date filed
3/21/2024, 04:05 PM
Previous filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FISI Common Stock Options Exercise +3.58K +50.01% 10.7K Mar 19, 2024 Direct F1
transaction FISI Common Stock Tax liability -$9.64K -527 -4.91% $18.29 10.2K Mar 19, 2024 Direct

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 +2.13K $0.00 2.13K Mar 19, 2024 Common Stock 2.13K Direct F1
transaction FISI Restricted Stock Unit Options Exercise $0 -2.13K -100% $0.00* 0 Mar 19, 2024 Common Stock 2.13K Direct F2
transaction FISI Restricted Stock Units Options Exercise $0 -1.45K -100% $0.00* 0 Mar 16, 2024 Common Stock 1.45K Direct F2
* 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 Restricted stock units convert into shares of common stock on a one-for-one basis.