Thomas J. Murphy - 26 Jan 2022 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Signature
Thomas J. Murphy
Issuer symbol
AROW
Transactions as of
26 Jan 2022
Net transactions value
$0
Form type
4
Filing time
27 Jan 2022, 09:44:10 UTC
Previous filing
03 Aug 2021
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AROW Common Stock 61,401 26 Jan 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AROW Employee Stock Option (Right to Buy) Award $0 +10,000 $0.000000 10,000 26 Jan 2022 Common Stock 10,000 $35.83 Direct F2
transaction AROW Restricted Stock Units Award $0 +4,186 $0.000000 4,186 26 Jan 2022 Common Stock 4,186 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information provided reflects 877 shares acquired under the Company's DRIP and 1,605 shares acquired via a stock dividend since August 02, 2021 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.
F2 The option vests in four equal annual installments beginning January 26, 2023
F3 Each restricted stock unit represents the contingent right to receive one share of AROW common stock provided that the Grantee remains employed through the applicable vesting date of January 31, 2025