GARY C. DAKE - 17 Feb 2023 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
Director
Signature
Thomas J. Murphy, Attorney in Fact
Issuer symbol
AROW
Transactions as of
17 Feb 2023
Net transactions value
+$32,816
Form type
4
Filing time
21 Feb 2023, 13:20:13 UTC
Previous filing
02 Feb 2023
Next filing
10 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Options Exercise $32,816 +1,160 +2.6% $28.29 45,312 17 Feb 2023 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 Director Stock Option (Right to Buy) Options Exercise $0 -1,160 -100% $0.000000* 0 17 Feb 2023 Common Stock 1,160 $28.29 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 16 shares acquired under the Company's DRIP since February 01, 2023 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 31, 2019