ARROW FINANCIAL CORP — Director's Dealing 2015

Nov 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW FINANCIAL CORP (AROW)
CIK: 0000717538
Period of Report: 2015-11-02

Reporting Person: Goodemote Terry R (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-02	Common Stock	S	1393	$27.576	Disposed	14321	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	85	Indirect