ARROW FINANCIAL CORP — Director's Dealing 2019

Dec 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW FINANCIAL CORP (AROW)
CIK: 0000717538
Period of Report: 2019-11-14

Reporting Person: HOY THOMAS L (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-14	Common Stock	G	900	—	Disposed	191569	Direct
2019-11-29	Common Stock	J	265	$35.86	Acquired	191834	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5846	Indirect
Common Stock	2936	Indirect

Footnotes

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