David D. Kaiser - 03 Jun 2022 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
SVP
Signature
Thomas J. Murphy, Attorney in Fact
Issuer symbol
AROW
Transactions as of
03 Jun 2022
Net transactions value
$0
Form type
4
Filing time
06 Jun 2022, 12:30:09 UTC
Previous filing
27 Jan 2022
Next filing
22 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Tax liability $0 -1,963 -12% $0.000000 14,772 03 Jun 2022 Direct F1
transaction AROW Common Stock Options Exercise $64,606 +3,046 +21% $21.21 17,818 03 Jun 2022 Direct
holding AROW Common Stock 2,966 03 Jun 2022 Shares held by the revocable Kaiser Family Trust

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) Options Exercise $64,606 -3,046 -100% $21.21 0 03 Jun 2022 Common Stock 3,046 $21.21 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information provided reflects 78 shares acquired under the Company's DRIP and 1,067 shares related to the 2021 ESOP allocation 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 options vest in four equal installments beginning January 28, 2016