SEC Form 4 · accession 0000717538-16-000260
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
May 24, 2016
Accepted (ET)
May 25, 2016 · 4:44 pm EDT
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 | May 24, 2016 | M | 3,000 | $18.35 | A | 18,417 | D | |
| Common StockF2 | May 24, 2016 | F | 1,881 | $29.26 | D | 16,536 | D | |
| Common Stock | May 24, 2016 | M | 4,139 | $19.10 | A | 20,675 | D | |
| Common StockF2 | May 24, 2016 | F | 2,702 | $29.26 | D | 17,973 | D | |
| Common StockF3 | holding | — | — | — | 87 | 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) | $18.35 | May 24, 2016 | M | 3,000 | A | Nov 28, 2008 | Nov 28, 2017 | Common Stock | 3,000 | 0 | D |
| Employee Stock Option (Right to Buy) | $19.10 | May 24, 2016 | M | 4,139 | A | Jan 21, 2010 | Jan 21, 2019 | Common Stock | 4,139 | 0 | D |
Explanation of responses
- F1The information provided reflects 53 shares acquired via dividend reinvestment since March 7, 2016 which did not require 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.
- F2Shares surrendered by reporting person to issuer to pay the exercise price of the derivative security.
- F3The information provided reflects 1 share acquired via dividend reinvestment since March 7, 2016 which did not require 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.