SEC Form 4 · accession 0000717538-18-000104
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
May 22, 2018
Accepted (ET)
May 22, 2018 · 6:00 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 22, 2018 | M | 4,019 | $22.14 | A | 28,204 | 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 | $22.14 | May 22, 2018 | M | 4,019 | D | — | Jan 25, 2022 | Common Stock | 4,019 | 0 | D |
Explanation of responses
- F1The information provided reflects 32 shares acquired under the Company's DRIP and 1,683 shares related to the 2017 ESOP allocation.
- F2The options vested in four equal annual installments beginning January 25, 2013