SEC Form 4 · accession 0000717538-18-000095
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David D Kaiser
Officer — SVP
Period of report
Apr 27, 2018
Accepted (ET)
Apr 30, 2018 · 10:37 am 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 | Apr 27, 2018 | M | 3,138 | $18.00 | A | 13,563 | D | |
| Common Stock | Apr 27, 2018 | F | 1,578 | $35.80 | D | 11,985 | 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)F2 | $18.00 | Apr 27, 2018 | M | 3,138 | D | — | Jan 21, 2019 | Common Stock | 3,138 | 0 | D |
Explanation of responses
- F1The information provided reflects 47 shares acquired under the Company's DRIP and 536 shares related to the 2017 ESOP allocation.
- F2The options vested in four annual installment beginning January 21, 2010