FINANCIAL INSTITUTIONS INC — Director's Dealing 2016

Jun 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FINANCIAL INSTITUTIONS INC (FISI)
CIK: 0000862831
Period of Report: 2016-06-10

Reporting Person: Kenefick Jeffrey Patrick (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-10	Common Stock	M	2500	$19.75	Acquired	10269	Direct
2016-06-10	Common Stock	S	2500	$27.50	Disposed	7769	Direct
2016-06-13	Common Stock	M	2500	$19.41	Acquired	10269	Direct
2016-06-13	Common Stock	S	1596	$27.55	Disposed	8673	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-10	Stock Option (right to buy)	$19.75	M	2500	Disposed	2016-07-26	Common Stock (2500)	Direct
2016-06-13	Stock Option (right to buy)	$19.41	M	2500	Disposed	2017-07-25	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4467	Indirect
Common Stock	2470	Indirect

Footnotes

F1: Includes 153 shares acquired under the FISI 401(k) plan since the date of the reporting person's last ownership report.

F2: Options vested in four equal annual installments beginning on July 26, 2007.

F3: Options vested in four equal annual installments beginning on July 25, 2008.