SEC Form 4 · accession 0000717538-15-000021
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry R Goodemote
Officer — EVP & CFO
Period of report
Jan 28, 2015
Accepted (ET)
Jan 29, 2015 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717538
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 28, 2015 | J | 0 | $0.00 | A | 13,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $25.86 | Jan 25, 2015 | A | 5,000 | A | — | Jan 28, 2025 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The information provided reflects 13,200 shares that include: shares acquired under the Company's DRIP and 83 additional shares acquired since March 26, 2014; and 59 shares resulting from the Company's 2 percent stock dividend distributed on September 29, 2014; and 82 shares acquired under the Company's ESPP since March 26, 2014; and 30 shares resulting from the Company's 2 percent stock dividend distributed on September 29, 2014. None of these transactions were required to be reported on a Form 4 and this information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.
- F2The option vests in four equal installments beginning January 28, 2016.