SEC Form 4 · accession 0000717538-15-000118
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S. DeMarco
Officer — SVP
Period of report
Nov 9, 2015
Accepted (ET)
Nov 10, 2015 · 4:58 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 | Nov 9, 2015 | M | 4,264 | $20.41 | A | 23,419 | D | |
| Common StockF2 | Nov 10, 2015 | S | 4,264 | $28.15 | D | 19,155 | 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) | $20.41 | Nov 9, 2015 | M | 4,264 | A | Nov 29, 2007 | Nov 29, 2016 | Common Stock | 4,264 | 0 | D |
Explanation of responses
- F1The information provided reflects 106 shares acquired under the Company's ESPP and 1,525 shares aquired under the Company's ESOP since previously disclosed by the insider on January 29, 2015. 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.
- F2Amount of securities benefically owned following reported transaction.