X0303 4 2010-08-05 0 0000796317 ALLIANCE FINANCIAL CORP /NY/ ALNC 0001242569 SPAULDING CHARLES H 4456 COSMOS HILL ROAD CORTLAND NY 13045 1 0 0 0 Stock Unit 2010-08-05 4 A 0 86.312 30.1961 A Common Stock 86.312 9553.05 D Each Stock Unit is equal to one share of Alliance Financial Corporation stock. Stock Units are payable in Common Stock upon the reporting person's termination of service to the Alliance Financial Corporation Stock-Based Plan Cumulative shares have been increased from the previous filing by 90.826 shares due to a typographical error. /s/ Judy A. Schultz as Power of Attorney 2010-08-09