Andrew J. Wise - 07 Nov 2024 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
SEVP, Chief Risk Officer
Signature
Penko Ivanov, Attorney in Fact
Issuer symbol
AROW
Transactions as of
07 Nov 2024
Net transactions value
-$4.92
Form type
4
Filing time
08 Nov 2024, 16:40:00 UTC
Previous filing
30 May 2024
Next filing
03 Feb 2025
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 $108,607 +3,971 +29% $27.35 17,512 07 Nov 2024 Direct F1
transaction AROW Common Stock Tax liability $108,617 -3,389 -19% $32.05 14,123 07 Nov 2024 Direct
transaction AROW Common Stock Options Exercise $53,593 +1,982 +14% $27.04 16,105 07 Nov 2024 Direct
transaction AROW Common Stock Tax liability $53,588 -1,672 -10% $32.05 14,433 07 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 Employee Stock Option (Right to Buy) Options Exercise $0 -1,982 -59% $0.000000 1,367 07 Nov 2024 Common Stock 1,982 $27.04 Direct F2
transaction AROW Employee Stock Option (Right to Buy) Options Exercise $0 -3,971 -100% $0.000000 0 07 Nov 2024 Common Stock 3,971 $27.35 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 610 shares acquired under the Company's DRIP and ESPP.
F2 The options vested 25% per year over four years starting one year from the grant date of 01/27/2021.
F3 The options vested 25% per year over four years starting one year from the grant date of 01/30/2019.