ARROW FINANCIAL CORP 4
4 · ARROW FINANCIAL CORP · Filed Apr 23, 2009
Insider Transaction Report
Form 4
BILODEAU GERARD R
SVP & Corporate Secretary
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
1999-12-15−4,655→ 0 totalExercise: $12.92From: 2003-12-20Exp: 2009-12-20→ Common Stock (4,655 underlying) - Sale
Common Stock
2009-04-22$26.42/sh−300$7,926→ 22,853 total - Other
Common Stock
2009-04-22+0→ 27,160 total(indirect: ESOP) - Exercise/Conversion
Common Stock
2009-04-22$12.92/sh+4,655$60,143→ 23,843 total - Exercise/Conversion
Common Stock
2009-04-22$19.21/sh+5,171$99,335→ 27,404 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2000-12-20−4,655→ 0 totalExercise: $11.99From: 2004-12-20Exp: 2010-12-20→ Common Stock (4,655 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2001-12-15−5,171→ 0 totalExercise: $19.21From: 2005-12-15Exp: 2011-12-15→ Common Stock (5,171 underlying) - Tax Payment
Common Stock
2009-04-22$26.27/sh−3,236$85,010→ 20,607 total - Exercise/Conversion
Common Stock
2009-04-22$11.99/sh+4,655$55,813→ 25,262 total - Tax Payment
Common Stock
2009-04-22$26.27/sh−3,029$79,572→ 22,233 total - Tax Payment
Common Stock
2009-04-22$26.27/sh−4,251$111,674→ 23,153 total - Other
Common Stock
2009-04-22+0→ 2,967 total(indirect: By Spouse)
Footnotes (5)
- [F1]Includes 1) 2,289 shares surrendered by reporting person to issuer to pay the exercise price of the derivative security and 2) 947 shares withheld by the issuer to satisfy withholding tax liabilities relating to the exercise.
- [F2]Includes 1) 2,124 shares surrendered by reporting person to issuer to pay the exercise price of the derivative security and 2) 905 shares withheld by the issuer to satisfy withholding tax liabilities relating to the exercise.
- [F3]Includes 1) 3,782 shares surrendered by reporting person to issuer to pay the exercise price of the derivative security and 2) 469 shares withheld by the issuer to satisfy withholding tax liabilities relating to the exercise.
- [F4]Amount of securities beneficially owned.
- [F5]Exercise of derivative security.