SEC Form 4 · accession 0000717538-17-000037
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Hoy
Director · Other
Period of report
Dec 5, 2016
Accepted (ET)
Jan 26, 2017 · 6:25 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 | Dec 5, 2016 | G | 1,555 | $0.00 | D | 170,459 | D | |
| Common Stock | holding | — | — | — | 5,351 | I | By Wife w/Broker | |
| Common Stock | holding | — | — | — | 2,688 | I | Wife's IRA | |
| Common StockF1 | holding | — | — | — | 0 | I | Irrev. Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F2 | $37.20 | Jan 25, 2017 | A | 1,000 | A | — | Jan 25, 2027 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Excludes 3,655 shares previously reported as beneficially owned by the Reporting Person because he no longer has investment control over the irrevocable trust assets.
- F2The options vest in four equal installments beginning January 25, 2018