X0304 4 2012-02-22 0 0000796317 ALLIANCE FINANCIAL CORP /NY/ ALNC 0001361837 MOHR J DANIEL 3427 NETHERSTONE COURT BALDWINSVILLE NY 13027 0 1 0 1 CFO and Treasurer EVP and CFO- Subsidiary Bank Common Stock 2012-02-22 4 D 0 102 30.01 D 9032.053 D Common Stock 2012-02-22 5 A 0 28.283 0 A 9060.336 D The disposition reported on this Form 4 reflects the widhholding of taxes upon vesting of restricted shares. These restricted shares were granted on February 22, 2011. Shares acquired through the reinvestment of dividends from October 3, 2011 through January 3, 2012. /s/ Judy A. Schultz, Power of Attorney 2012-02-24