Thomas J. Murphy - 01 Feb 2023 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Reporting relationship: President & CEO, Director
Issuer ticker: AROW
Reported as of: 01 Feb 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Feb 2023, 18:14:10 UTC
Prior SEC filing: 27 Jan 2022
Source filing: View source filing
Reporting owner signature: Thomas J. Murphy

Key filing fact

Thomas J. Murphy filed Form 4 for ARROW FINANCIAL CORP (AROW) on 02 Feb 2023.

Key facts

This page summarizes Thomas J. Murphy's Form 4 filing for ARROW FINANCIAL CORP (AROW).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Feb 2023, 18:14.

Change

Previous filing in this sequence was filed on 27 Jan 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AROW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 66,047
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AROW transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +10,000
Change %
Price: $0.000000
Shares after: 10,000
Date: 01 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,000
Exercise price: $32.41
Footnotes: F2

AROW transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +5,014
Change %
Price: $0.000000
Shares after: 5,014
Date: 01 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,014
Exercise price
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The information provided reflects 3074 shares acquired under the Company's DRIP, 566 shares acquired via a stock dividend and 1,006 shares related to the 2021 ESOP allocation since January 26, 2022 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.

Footnote F2

The option vests in four equal annual installments beginning February 01, 2024

Footnote F3

Each restricted stock unit represents the contingent right to receive one share of AROW common stock provided the Grantee remains employed through the applicable vesting date of January 31, 2026