Andrew J. Wise - Nov 7, 2024 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
SEVP, Chief Risk Officer
Signature
Penko Ivanov, Attorney in Fact
Stock symbol
AROW
Transactions as of
Nov 7, 2024
Transactions value $
-$5
Form type
4
Date filed
11/8/2024, 04:40 PM
Previous filing
May 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Options Exercise $109K +3.97K +29.33% $27.35 17.5K Nov 7, 2024 Direct F1
transaction AROW Common Stock Tax liability -$109K -3.39K -19.35% $32.05 14.1K Nov 7, 2024 Direct
transaction AROW Common Stock Options Exercise $53.6K +1.98K +14.03% $27.04 16.1K Nov 7, 2024 Direct
transaction AROW Common Stock Tax liability -$53.6K -1.67K -10.38% $32.05 14.4K Nov 7, 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 -1.98K -59.18% $0.00 1.37K Nov 7, 2024 Common Stock 1.98K $27.04 Direct F2
transaction AROW Employee Stock Option (Right to Buy) Options Exercise $0 -3.97K -100% $0.00 0 Nov 7, 2024 Common Stock 3.97K $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.