| Accession Number: | 0000717538-21-000096 |
| Date: | 2021-04-14 |
| Issuer: | ARROW FINANCIAL CORP (AROW) |
| Original Submission Date: |
MILLER ELIZABETH
1071 RIDGE ROAD
QUEENSBURY, NY 12804
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2021-04-14 | J | 203 | a | $33.93 | 21,770 | direct | ||
| COMMON STOCK | 2021-04-14 | 0 | $0.00 | 5,982 | indirect |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|
| ID | footnote |
|---|---|
| f1 | quarterly director's retainer payment. shares acquired by the administrator of the director's stock plan. |
| f2 | the information provided reflects 135 shares acquired under the company's drip since january 27, 2021 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. |
