Thomas J. Murphy - Jan 26, 2022 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Signature
Thomas J. Murphy
Stock symbol
AROW
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
4
Date filed
1/27/2022, 09:44 AM
Previous filing
Aug 3, 2021
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AROW Common Stock 61.4K Jan 26, 2022 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 Employee Stock Option (Right to Buy) Award $0 +10K $0.00 10K Jan 26, 2022 Common Stock 10K $35.83 Direct F2
transaction AROW Restricted Stock Units Award $0 +4.19K $0.00 4.19K Jan 26, 2022 Common Stock 4.19K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information provided reflects 877 shares acquired under the Company's DRIP and 1,605 shares acquired via a stock dividend since August 02, 2021 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 option vests in four equal annual installments beginning January 26, 2023
F3 Each restricted stock unit represents the contingent right to receive one share of AROW common stock provided that the Grantee remains employed through the applicable vesting date of January 31, 2025