SEC Form 4 · accession 0000717538-15-000104
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
Oct 23, 2015
Accepted (ET)
Nov 3, 2015 · 12:45 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 Stock | Oct 23, 2015 | M | 3,655 | $20.41 | A | 17,976 | D | |
| Common StockF1 | Oct 23, 2015 | F | 2,657 | $28.08 | D | 15,319 | D | |
| Common Stock | Oct 23, 2015 | M | 1,139 | $18.35 | A | 16,458 | D | |
| Common StockF1,F2 | Oct 23, 2015 | F | 744 | $28.08 | D | 15,714 | D | |
| Commmon StockF3 | holding | — | — | — | 85 | I | FBO Son UTMA |
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) | $20.41 | Oct 23, 2015 | M | 3,655 | A | Nov 29, 2007 | Nov 29, 2016 | Commmon Stock | 3,655 | 0 | D |
| Employee Stock Option (Right to Buy) | $18.35 | Oct 23, 2015 | M | 1,139 | A | Nov 28, 2008 | Nov 28, 2017 | Commmon Stock | 1,139 | 3,000 | D |
Explanation of responses
- F1Shares surrendered by reporting person to issuer to pay the exercise price of the derivative security.
- F2The information provided reflects 280 shares acquired under the Company's Dividend Reinvestment Plan, 224 shares acquired under the Company's ESPP and 948 shares aquired under the Company's ESOP since previously disclosed by the insider on March 25, 2014. None of the transactions were required to be reported on a Form 4 and this information is being furnished to disclose the holdings of the insider as of the date of this Form 4.
- F3The information provided reflects 8 shares acquired under the Company's Dividend Reinvestment Plan since previously disclosed by the insider on March 25, 2014 which was not required to be reported on a Form 4 and this information is being furnished to disclose the holdings of the insider as of the date of this Form 4.