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ARROW FINANCIAL CORP Director's Dealing 2018

Jun 1, 2018

32888_dirs_2018-06-01_218ff6de-6258-45e8-9b42-8a2e47825ede.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: 2018-03-27

Reporting Person: Miller Elizabeth (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-27	Common Stock	S	300	$33.75	Disposed	5394	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16828	Direct

Footnotes

F1: The information provided reflects 76 shares acquired under the Company's DRIP since January 31, 2018 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.