FINANCIAL INSTITUTIONS INC - Director's Dealing 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FINANCIAL INSTITUTIONS INC (FISI)
CIK: 0000862831
Period of Report: 2017-01-25

Reporting Person: Kenefick Jeffrey Patrick (Executive Vice President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-25	Common Stock	D	1495	$0.00	Disposed	7178	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-25	Restricted Stock Unit	$	A	1111	Acquired	2019-02-24	Common Stock (1111)	Direct

Security	Shares	Ownership
Common Stock	4657	Indirect
Common Stock	2470	Indirect

F1: These shares reflect the forfeiture of restricted stock due to performance requirements that were not satisfied.

F2: Includes 190 shares acquired under the FISI 401(k) plan since the date of the reporting person's last ownership report.

F3: Each restricted stock unit represents a contingent right to receive one share of FISI common stock.