Raymond F. O'Conor - Nov 20, 2024 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
Director
Signature
Penko Ivanov, Attorney in Fact
Stock symbol
AROW
Transactions as of
Nov 20, 2024
Transactions value $
$32
Form type
4
Date filed
11/22/2024, 11:03 AM
Previous filing
Nov 4, 2024
Next filing
Dec 3, 2024
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 $32.8K +1.2K +3.03% $27.47 40.7K Nov 20, 2024 Direct
transaction AROW Common Stock Tax liability -$32.8K -1.01K -2.49% $32.39 39.7K Nov 20, 2024 Direct
transaction AROW Common Stock Options Exercise $31.7K +1.16K +2.92% $27.35 40.8K Nov 20, 2024 Direct
transaction AROW Common Stock Tax liability -$31.7K -979 -2.4% $32.39 39.9K Nov 20, 2024 Direct

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 -1.2K -100% $0.00 0 Nov 20, 2024 Common Stock 1.2K $27.47 Direct F1
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -1.16K -100% $0.00 0 Nov 20, 2024 Common Stock 1.16K $27.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% per year in equal installments, starting one year from the grant date. One quarter of the options vested and became exercisable on each of January 31, 2019; January 31, 2020; January 31, 2021; and January 31, 2022.
F2 The options vest 25% per year in equal installments, starting one year from the grant date. One quarter of the options vested and became exercisable on each of January 30, 2020; January 30, 2021; January 30, 2022; and January 30, 2023.