ARROW FINANCIAL CORP 4
4 · ARROW FINANCIAL CORP · Filed Oct 23, 2008
Insider Transaction Report
Form 4
BILODEAU GERARD R
SVP & Corporate Secretary
Transactions
- Exercise/Conversion
Employee Stock Optioni (Right to Buy)
1998-11-18−5,818→ 0 totalExercise: $13.54From: 2002-11-18Exp: 2008-11-18→ Common Stock (5,818 underlying) - Other
Common Stock
2008-10-22+0→ 25,829 total(indirect: ESOP) - Tax Payment
Common Stock
2008-10-22$23.69/sh−4,259$100,896→ 19,188 total - Exercise/Conversion
Common Stock
2008-10-22$13.54/sh+5,818$78,776→ 23,447 total
Footnotes (3)
- [F1]Amount of securities beneficially owned.
- [F2]Includes 1) 3,325 shares surrendered by reporting person to issuer to pay the exercise price of the derivative security and 2) 934 shares withheld by the issuer to satisfy withholding tax liabilities related to the exercise.
- [F3]Exercise of derivative security.