SEC Form 4 · accession 0000717538-16-000323
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
Jul 27, 2016
Accepted (ET)
Jul 28, 2016 · 3:56 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 | Jul 27, 2016 | M | 4,019 | $21.40 | A | 24,566 | D | |
| Common Stock | Jul 28, 2016 | S | 4,019 | $31.9001 | D | 20,547 | 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) | $21.40 | Jul 27, 2016 | M | 4,019 | A | Jan 27, 2011 | Jan 27, 2020 | Common Stock | 4,019 | 0 | D |
Explanation of responses
- F1The information provided reflects 18 shares acquired under the Company's DRIP since May 20, 2016 which was not required 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.