Form 4 for MTB M&T Bank
Accepted 2024-04-29 00:00:00 ET · period of report 2024-04-25 · accession 0001209191-24-005404 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-04-29 | 2024-04-25+ | MTB | BARNES JOHN P | Dir | M - OptEx | $129.54 | +20.0K | 44.5K | +81% | +$2.59M |
| DM | 2024-04-29 | 2024-04-25+ | MTB | BARNES JOHN P | Dir | S - Sale+OE | $147.56 | -20.0K | 34.5K | -37% | -$2.95M |
| DM | 2024-04-29 | 2024-04-25+ | MTB | BARNES JOHN P | Dir | M - OptEx | $0.00 | -20.0K | 23.3K | -46% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-04-25 | M | A | 10,000 | $129.54 | 44,545 | D | — | — | |
| 2 | Common | Common Stock | 2024-04-25 | S | D | 10,000 | $147.11 | 34,545 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $147.00 to $147.26. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| 3 | Common | Common Stock | 2024-04-26 | M | A | 10,000 | $129.54 | 44,545 | D | — | — | |
| 4 | Common | Common Stock | 2024-04-26 | S | D | 10,000 | $148.00 | 34,545 | D | — | — | |
| 5 | Derivative | Option (right to buy) | 2024-04-26 | M | D | 10,000 | $0.00 | 13,260 | D | $129.54 · — to 2024-07-01 | 10,000 Common Stock | (F3) The option was granted under an employee stock option plan maintained by People's United Financial, Inc. ("People's United") and was converted into a stock option to acquire M&T Bank Corporation ("M&T") common stock pursuant to the Agreement and Plan of Merger by M&T, Bridge Merger Corp and People's United. The reporting person paid no price for the option. (F2) Currently exercisable. |
| 6 | Derivative | Option (right to buy) | 2024-04-25 | M | D | 10,000 | $0.00 | 23,260 | D | $129.54 · — to 2024-07-01 | 10,000 Common Stock | (F3) The option was granted under an employee stock option plan maintained by People's United Financial, Inc. ("People's United") and was converted into a stock option to acquire M&T Bank Corporation ("M&T") common stock pursuant to the Agreement and Plan of Merger by M&T, Bridge Merger Corp and People's United. The reporting person paid no price for the option. (F2) Currently exercisable. |