ARROW FINANCIAL CORP — Director's Dealing 2013

Sep 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW FINANCIAL CORP (AROW)
CIK: 0000717538
Period of Report: 2013-09-05

Reporting Person: DeMarco David S. (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-05	Common Stock	S	100	$26.25	Disposed	16826	Direct

Footnotes

F1: Amount of securities beneficially owned following reported transaction.