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

Role
Director
Signature
Thomas J. Murphy, Attorney in Fact
Issuer symbol
AROW
Transactions as of
11 May 2021
Net transactions value
-$2.61
Form type
4
Filing time
12 May 2021, 14:56:20 UTC
Next filing
15 Jul 2021
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 $96,562 -2,575 -5.8% $37.50 41,664 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $6,446 +295 +0.71% $21.85 41,959 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $12,956 +581 +1.4% $22.30 42,540 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $27,936 +845 +2% $33.06 43,385 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $24,578 +819 +1.9% $30.01 44,204 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $15,842 +530 +1.2% $29.89 44,734 11 May 2021 Direct
transaction AROW Common Stock Options Exercise $8,802 +257 +0.57% $34.25 44,991 11 May 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% $0.000000* 0 11 May 2021 Common Stock 295 $21.85 Direct F1
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -581 -100% $0.000000* 0 11 May 2021 Common Stock 581 $22.30 Direct F2
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -845 -100% $0.000000* 0 11 May 2021 Common Stock 845 $33.06 Direct F3
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -819 -75% $0.000000 274 11 May 2021 Common Stock 819 $30.01 Direct F4
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -530 -50% $0.000000 531 11 May 2021 Common Stock 530 $29.89 Direct F5
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -257 -25% $0.000000 773 11 May 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