Raymond F. O'Conor - 20 Nov 2024 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
Director
Signature
Penko Ivanov, Attorney in Fact
Issuer symbol
AROW
Transactions as of
20 Nov 2024
Net transactions value
+$31.77
Form type
4
Filing time
22 Nov 2024, 11:03:27 UTC
Previous filing
04 Nov 2024
Next filing
03 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Options Exercise $32,827 +1,195 +3% $27.47 40,691 20 Nov 2024 Direct
transaction AROW Common Stock Tax liability $32,811 -1,013 -2.5% $32.39 39,678 20 Nov 2024 Direct
transaction AROW Common Stock Options Exercise $31,726 +1,160 +2.9% $27.35 40,838 20 Nov 2024 Direct
transaction AROW Common Stock Tax liability $31,710 -979 -2.4% $32.39 39,859 20 Nov 2024 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 -1,195 -100% $0.000000 0 20 Nov 2024 Common Stock 1,195 $27.47 Direct F1
transaction AROW Director Stock Option (Right to Buy) Options Exercise $0 -1,160 -100% $0.000000 0 20 Nov 2024 Common Stock 1,160 $27.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% per year in equal installments, starting one year from the grant date. One quarter of the options vested and became exercisable on each of January 31, 2019; January 31, 2020; January 31, 2021; and January 31, 2022.
F2 The options vest 25% per year in equal installments, starting one year from the grant date. One quarter of the options vested and became exercisable on each of January 30, 2020; January 30, 2021; January 30, 2022; and January 30, 2023.