ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

Parallax Volatility Advisers, L.P.'s Holding History (CIK: 0001521001)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017
Shares 1,848 Value ($000) $63 Avg Close $23.87 Range $22.63 - $26.07