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

Signature
/s/ Thomas J. Murphy, Attorney in Fact
Stock symbol
AROW
Transactions as of
Jan 26, 2022
Transactions value $
$0
Form type
4
Date filed
1/27/2022, 09:46 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AROW Common Stock 470 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 +5K $0.00 5K Jan 26, 2022 Common Stock 5K $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