4//SEC Filing
HAGI GEORGE DANIEL 4
Accession 0001209191-10-012011
CIK 0000862831other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 1:43 PM ET
Size
14.7 KB
Accession
0001209191-10-012011
Insider Transaction Report
Form 4
HAGI GEORGE DANIEL
Exec. VP & Chief Risk Officer
Transactions
- Award
Common Stock
2010-02-23+3,841→ 23,345 total - Award
Common Stock
2010-02-23+2,500→ 19,504 total
Footnotes (2)
- [F1]Represents a grant of restricted stock pursuant to the Company's 2009 Management Stock Incentive Plan. The award vests on February 23, 2014, subject to the participant's continued employment with the Company and subject to accelerated vesting upon the death of the participant. However, as long as the Company is a "TARP recipient," as defined under the Interim Final Rules, the award may become transferable only in 25% increments at the time of the Company's repayment of 25%, 50%, 75% and 100%, respectively, of the financial assistance it received under the U.S. Treasury's Capital Purchase Program, or as may be required to satisfy tax obligations incurred in connection with the vesting of the restricted shares.
- [F2]Represents a grant of restricted stock pursuant to the Company's 2009 Management Stock Incentive Plan. The award vests 50% on February 23, 2012 and 50% on February 23, 2013, subject to the acheivement of the Company's performance goals for the year, subject to the participants continued employment with the company and subject to accelerated vesting upon the death of the participant. However, as long as the Company is a "TARP recipient," as defined under the Interim Final Rules, the award may become transferable only in 25% increments at the time of the Company's repayment of 25%, 50%, 75% and 100%, respectively, of the financial assistance it received under the U.S. Treasury's Capital Purchase Program, or as may be required to satisfy tax obligations incurred in connection with the vesting of the restricted shares.
Issuer
FINANCIAL INSTITUTIONS INC
CIK 0000862831
Entity typeother
Related Parties
1- filerCIK 0001349177
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 1:43 PM ET
- Size
- 14.7 KB