Kevin B. Quinn - 19 Mar 2024 Form 4 Insider Report for FINANCIAL INSTITUTIONS INC (FISI)

Signature
Sonia M. Dumbleton, by power of attorney from Kevin B. Quinn
Issuer symbol
FISI
Transactions as of
19 Mar 2024
Transactions value $
-$23,923
Form type
4
Filing time
21 Mar 2024, 16:05:13 UTC
Previous filing
11 Mar 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FISI Common Stock Options Exercise +3.65K +380.52% 4.61K 19 Mar 2024 Direct F1
transaction FISI Common Stock Tax liability -$23.9K -1.31K -28.35% $18.29 3.31K 19 Mar 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 +2.18K $0.00 2.18K 19 Mar 2024 Common Stock 2.18K Direct F1
transaction FISI Restricted Stock Unit Options Exercise $0 -2.18K -100% $0.00* 0 19 Mar 2024 Common Stock 2.18K Direct F2
transaction FISI Restricted Stock Unit Options Exercise $0 -1.48K -100% $0.00* 0 19 Mar 2024 Common Stock 1.48K 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.