Samuel J. Burruano Jr - 19 Mar 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.
Issuer symbol
FISI
Transactions as of
19 Mar 2024
Transactions value $
-$9,639
Form type
4
Filing time
21 Mar 2024, 16:05:16 UTC
Previous filing
11 Mar 2024
Next filing
16 Dec 2024
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 +3.58K +50.01% 10.7K 19 Mar 2024 Direct F1
transaction FISI Common Stock Tax liability -$9.64K -527 -4.91% $18.29 10.2K 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 +2.13K $0.00 2.13K 19 Mar 2024 Common Stock 2.13K Direct F1
transaction FISI Restricted Stock Unit Options Exercise $0 -2.13K -100% $0.00* 0 19 Mar 2024 Common Stock 2.13K Direct F2
transaction FISI Restricted Stock Units Options Exercise $0 -1.45K -100% $0.00* 0 16 Mar 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.