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ARROW FINANCIAL CORP Director's Dealing 2015

Jun 1, 2015

32888_dirs_2015-06-01_66628e13-f502-4799-8e93-140951fed5ce.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW FINANCIAL CORP (AROW)
CIK: 0000717538
Period of Report: 2015-05-28

Reporting Person: OWENS WILLIAM L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-28 Common Stock J 293 $26.40 Acquired 3249 Direct

Footnotes

F1: Semi-annual Director's Retainer Payment. Shares acquired by the Administrator of the Directors' Stock Plan.

F2: Amount of securities beneficially owned following reported transaction.