Edward J. Campanella - 26 Jan 2022 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Signature
/s/ Thomas J. Murphy, Attorney in Fact
Issuer symbol
AROW
Transactions as of
26 Jan 2022
Net transactions value
$0
Form type
4
Filing time
27 Jan 2022, 09:46:08 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AROW Common Stock 470 26 Jan 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 +5,000 $0.000000 5,000 26 Jan 2022 Common Stock 5,000 $35.83 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 an increase of 271 shares related to the 2020 ESOP allocation.
F2 The option vests in four equal annual installments beginning January 26, 2023