SEC Form 4 · accession 0001184486-15-000002
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
Jun 15, 2015
Accepted (ET)
Jul 27, 2015 · 12:50 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 Stock | Jun 15, 2015 | G | 188 | $0.00 | D | 168,090 | D | |
| Common Stock | Jul 23, 2015 | M | 4,000 | $18.71 | A | 172,090 | D | |
| Common StockF1 | Jul 23, 2015 | F | 2,683 | $27.90 | D | 169,407 | D | |
| Common Stock | Jul 23, 2015 | M | 5,973 | $20.82 | A | 175,380 | D | |
| Common StockF1,F2 | Jul 23, 2015 | F | 4,458 | $27.90 | D | 170,922 | D | |
| Common StockF3 | holding | — | — | — | 3,412 | I | Irrec. Trust | |
| Common StockF3 | holding | — | — | — | 5,095 | I | By Wife w/Broker | |
| Common StockF3 | holding | — | — | — | 2,559 | I | Wife's IRA | |
| Common StockF3 | holding | — | — | — | 3,480 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $18.71 | Jul 23, 2015 | M | 4,000 | A | Nov 28, 2011 | Nov 28, 2017 | Common Stock | 4,000 | 0 | D |
| Employee Stock Option (Right to Buy) | $20.82 | Jul 23, 2015 | M | 5,973 | A | Nov 29, 2010 | Nov 29, 2016 | Common Stock | 5,973 | 0 | D |
Explanation of responses
- F1Shares surrendered by reporting person to issuer to pay the exercise price of the derivative security.
- F2Following the reported transactions, total direct holdings include: 1 share held in DRIP and ESPP accounts; 69,144 shares held in qualified retirement plans (IRA); 98,668 shares held in a custody account; and 2,816 shares acquired under a 401k account. None of these transactions were required to be reported on a Form 4 and this information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.
- F3Amount of securities beneficially owned following reported transaction.