Form 4 for MTB M&T Bank
Accepted 2024-05-07 00:00:00 ET · period of report 2024-05-03 · accession 0001209191-24-005563 · 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 | 2024-05-07 | 2024-05-03+ | MTB | BARNES JOHN P | Dir | M - OptEx | $135.83 | +65.5K | 87.7K | +296% | +$8.90M |
| DM | 2024-05-07 | 2024-05-03+ | MTB | BARNES JOHN P | Dir | S - Sale+OE | $148.16 | -65.5K | 35.5K | -65% | -$9.71M |
| DM | 2024-05-07 | 2024-05-03+ | MTB | BARNES JOHN P | Dir | M - OptEx | $0.00 | -65.5K | 0 | -100% | $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 | 2024-05-03 | M | A | 13,260 | $129.54 | 48,840 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-06 | S | D | 35,061 | $148.74 | 35,726 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $148.245 to $149.225. 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 | 2024-05-06 | S | D | 16,880 | $147.87 | 70,787 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $147.25 to $148.24. 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. |
| 4 | Common | Common Stock | 2024-05-03 | M | A | 100 | $137.42 | 35,580 | D | — | — | |
| 5 | Common | Common Stock | 2024-05-06 | S | D | 246 | $149.26 | 35,480 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $149.24 to $149.28. 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. |
| 6 | Common | Common Stock | 2024-05-03 | S | D | 13,360 | $147.00 | 35,480 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $147.00 to $147.25. 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. |
| 7 | Common | Common Stock | 2024-05-06 | M | A | 52,187 | $137.42 | 87,667 | D | — | — | |
| 8 | Derivative | Option (right to buy) | 2024-05-03 | M | D | 13,260 | $0.00 | 0 | D | $129.54 · — to 2024-07-01 | 13,260 Common Stock | (F6) 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. (F5) Currently exercisable. |
| 9 | Derivative | Option (right to buy) | 2024-05-03 | M | D | 100 | $0.00 | 52,187 | D | $137.42 · — to 2024-07-01 | 100 Common Stock | (F6) 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. (F5) Currently exercisable. |
| 10 | Derivative | Option (right to buy) | 2024-05-06 | M | D | 52,187 | $0.00 | 0 | D | $137.42 · — to 2024-07-01 | 52,187 Common Stock | (F6) 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. (F5) Currently exercisable. |