NAGLE BRUCE HEATH 4
4 · FINANCIAL INSTITUTIONS INC · Filed Mar 19, 2009
Insider Transaction Report
Form 4
NAGLE BRUCE HEATH
Sr VP & Dir of Human Resources
Transactions
- Disposition to Issuer
Common Stock
2009-03-12−2,000→ 5,200 total
Footnotes (1)
- [F1]On 01/16/2008, Mr. Nagle was granted 2,500 shares of restricted stock which would vest upon satisfaction of both a performance requirement and a service requirement. The amount reported on this Form 4 reflects the forfeiture of the non-achieved portion, or 80%, of the performance requirement. Based upon achievement of 20% of the performance-based requirement, 500 of the restricted stock awards will vest in accordance with the service requirements in two equal installments beginning on 01/16/2010.