X0303 4 2011-02-07 0 0000796317 ALLIANCE FINANCIAL CORP /NY/ ALNC 0001242551 LANZAFAME SAMUEL J 2118 CONLEY ROAD CHITTENANGO NY 13037 1 0 0 0 Stock Unit 2011-02-07 4 A 0 244.55 31.029 A Common Stock 244.55 29399.542 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 pursuant to the Alliance Financial Corporation Stock-Based Deferral Plan. /s/ Judy A. Schultz as Power of Attorney 2011-02-09