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Home > Insider Trading > Filing (0000717538-11-000065)

Filing Details

Accession Number:: 0000717538-11-000065
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-10-26 17:06:08
Reporting Period:: 2011-10-24

Filing Date:: 2011-10-26
Accepted Time:: 2011-10-26 17:06:08
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
717538	Arrow Financial Corp	AROW	National Commercial Banks (6021)	222448962

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1184685	J John Murphy	20264 Country Club Dr. Estero FL 33928		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-10-24	11,300	$17.58	57,677	No	4	M	Direct
Common Stock	Disposition	2011-10-24	8,679	$23.58	48,998	No	4	F	Direct
Common Stock	Disposition	2011-10-26	2,600	$23.25	46,398	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Opt. (Right to Buy)	Acquisiton	2001-12-18	11,300	$0.00	11,300	$17.58

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2005-12-18	2011-12-18	No	4	A	Direct

Footnotes

Includes 1) 8,427 shares surrendered by reporting person to issuer to pay the exercise price of the derivative security and2) 252 shares withheld by the issuer to satisfy withholding tax liabilities related to the exercise.
The sale price for the 2,600 shares sold was $23.25.