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ARROW FINANCIAL CORP
> MSFT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | MICROSOFT CORP | MSFT | 68,549 | 1,731 | 23,343,677,000 | 23,327,651,000 | $340,540.01 |
| 12/31/2022 | MICROSOFT CORP | MSFT | 66,818 | -865 | 16,026,000 | 263,000 | $239.85 |
| 09/30/2022 | MICROSOFT CORP | MSFT | 67,683 | -751 | 15,763,000 | -1,814,000 | $232.89 |
| 06/30/2022 | MICROSOFT CORP | MSFT | 68,434 | -3,385 | 17,577,000 | -4,566,000 | $256.85 |
| 03/31/2022 | MICROSOFT CORP | MSFT | 71,819 | -2,627 | 22,143,000 | -2,894,000 | $308.32 |
| 12/31/2021 | MICROSOFT CORP | MSFT | 74,446 | -5,678 | 25,037,000 | 2,448,000 | $336.31 |
| 09/30/2021 | MICROSOFT CORP | MSFT | 80,124 | -9,900 | 22,589,000 | 2,566,000 | $281.93 |
| 12/31/2020 | MICROSOFT CORP | MSFT | 90,024 | -3,250 | 20,023,000 | 406,000 | $222.42 |
| 09/30/2020 | MICROSOFT CORP | MSFT | 93,274 | -5,383 | 19,617,000 | -460,000 | $210.32 |
| 06/30/2020 | MICROSOFT CORP | MSFT | 98,657 | -5,901 | 20,077,000 | 3,587,000 | $203.50 |
| 03/31/2020 | MICROSOFT CORP | MSFT | 104,558 | -2,467 | 16,490,000 | -388,000 | $157.71 |
| 12/31/2019 | MICROSOFT CORP | MSFT | 107,025 | -7,874 | 16,878,000 | 904,000 | $157.70 |
| 09/30/2019 | MICROSOFT CORP | MSFT | 114,899 | -4,228 | 15,974,000 | 15,000 | $139.03 |
| 06/30/2019 | MICROSOFT CORP | MSFT | 119,127 | 1,817 | 15,959,000 | 2,124,000 | $133.97 |
| 03/31/2019 | MICROSOFT CORP | MSFT | 117,310 | -1,337 | 13,835,000 | 1,784,000 | $117.94 |
| 12/31/2018 | MICROSOFT CORP | MSFT | 118,647 | -1,644 | 12,051,000 | -1,707,000 | $101.57 |
| 09/30/2018 | MICROSOFT CORP | MSFT | 120,291 | 1,305 | 13,758,000 | 2,025,000 | $114.37 |
| 06/30/2018 | MICROSOFT CORP | MSFT | 118,986 | 942 | 11,733,000 | 959,000 | $98.61 |
| 03/31/2018 | MICROSOFT CORP | MSFT | 118,044 | -1,273 | 10,774,000 | 568,000 | $91.27 |
| 12/31/2017 | MICROSOFT CORP | MSFT | 119,317 | -2,235 | 10,206,000 | 1,151,000 | $85.54 |
| 09/30/2017 | MICROSOFT CORP | MSFT | 121,552 | -6,329 | 9,055,000 | 241,000 | $74.49 |
| 06/30/2017 | MICROSOFT CORP | MSFT | 127,881 | -11,290 | 8,814,000 | -352,000 | $68.92 |
| 03/31/2017 | MICROSOFT CORP | MSFT | 139,171 | -2,201 | 9,166,000 | 381,000 | $65.86 |
| 12/31/2016 | MICROSOFT CORP | MSFT | 141,372 | -996 | 8,785,000 | 585,000 | $62.14 |
| 09/30/2016 | MICROSOFT CORP | MSFT | 142,368 | 142,368 | 8,200,000 | 8,200,000 | $57.60 |
| 06/30/2016 | MICROSOFT CORP | MSFT | 146,953 | 146,953 | 7,520,000 | 7,520,000 | $51.17 |
| 03/31/2016 | MICROSOFT CORP | MSFT | 146,371 | 11,321 | 8,085,000 | 592,000 | $55.24 |
| 12/31/2015 | MICROSOFT CORP | MSFT | 135,050 | 3,186 | 7,493,000 | 1,656,000 | $55.48 |
| 09/30/2015 | MICROSOFT CORP | MSFT | 131,864 | 131,864 | 5,837,000 | 5,837,000 | $44.27 |
| 06/30/2015 | MICROSOFT CORP | MSFT | 5,618 | 7 | 248,000 | 20,000 | $44.14 |
| 03/31/2015 | MICROSOFT CORP | MSFT | 33,870 | 33,870 | 1,377,000 | 1,377,000 | $40.66 |
| 12/31/2014 | MICROSOFT CORP | MSFT | 5,836 | -78,133 | 272,000 | -3,620,000 | $46.61 |
| 09/30/2014 | MICROSOFT CORP | MSFT | 5,836 | -82,477 | 271,000 | -3,412,000 | $46.44 |
| 06/30/2014 | MICROSOFT CORP | MSFT | 23,870 | 23,870 | 995,000 | 995,000 | $41.68 |
| 03/31/2014 | MICROSOFT CORP | MSFT | 5,636 | -250 | 231,000 | 11,000 | $40.99 |
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