David G. Kruczlnicki - May 11, 2021 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
Director
Signature
Thomas J. Murphy, Attorney in Fact
Stock symbol
AROW
Transactions as of
May 11, 2021
Transactions value $
-$3
Form type
4
Date filed
5/12/2021, 02:56 PM
Next filing
Jul 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Tax liability -$96.6K -2.58K -5.82% $37.50 41.7K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $6.45K +295 +0.71% $21.85 42K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $13K +581 +1.38% $22.30 42.5K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $27.9K +845 +1.99% $33.06 43.4K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $24.6K +819 +1.89% $30.01 44.2K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $15.8K +530 +1.2% $29.89 44.7K May 11, 2021 Direct
transaction AROW Common Stock Options Exercise $8.8K +257 +0.57% $34.25 45K May 11, 2021 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 -295 -100% $0.00* 0 May 11, 2021 Common Stock 295 $21.85 Direct F1
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -581 -100% $0.00* 0 May 11, 2021 Common Stock 581 $22.30 Direct F2
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -845 -100% $0.00* 0 May 11, 2021 Common Stock 845 $33.06 Direct F3
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -819 -74.93% $0.00 274 May 11, 2021 Common Stock 819 $30.01 Direct F4
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -530 -49.95% $0.00 531 May 11, 2021 Common Stock 530 $29.89 Direct F5
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -257 -24.95% $0.00 773 May 11, 2021 Common Stock 257 $34.25 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vests in four equal installments beginning January 28, 2016
F2 The options vests in four equal installments beginning January 27, 2017
F3 The options vests in four equal installments beginning January 25, 2018
F4 The options vests in four equal installments beginning January 31, 2019
F5 The options vests in four equal installments beginning January 30, 2020
F6 The options vests in four equal installments beginning January 29, 2021