SEC Form 4 · accession 0000717538-15-000022
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J. Murphy
Officer — President & CEO · Director
Period of report
Jan 29, 2015
Accepted (ET)
Jan 29, 2015 · 6:17 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 | 29,124 | 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 28, 2015 | A | 10,000 | A | — | Jan 28, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1The information provided reflects 29,124 shares that include shares acquired under the Company's DRIP that includes 65 additional shares acquired since Sept. 4, 2014 and 136 shares resulting from the Company's 2 percent stock dividend distributed on September 29, 2014; and 479 shares acquired under the Company's ESPP since Sept. 4, 2014; and 93 shares resulting from the Company's 2 percent stock dividend distributed on September 29, 2014; and 304 additional shares acquired since Sept. 4, 2014 under an IRA as a result of a 2% stock dividend paid 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.