Form 4 for MTB M&T Bank
Accepted 2024-05-07 00:00:00 ET · period of report 2024-05-06 · accession 0001209191-24-005564 · 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 | 2024-05-06 | MTB | WALTERS KIRK W | Dir | M - OptEx | $134.38 | +15.2K | 22.5K | +209% | +$2.05M |
| D | 2024-05-07 | 2024-05-06 | MTB | WALTERS KIRK W | Dir | S - Sale+OE | $148.01 | -16.2K | 6,348 | -72% | -$2.39M |
| DM | 2024-05-07 | 2024-05-06 | MTB | WALTERS KIRK W | Dir | M - OptEx | $0.00 | -15.2K | 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 | 2024-05-06 | M | A | 9,353 | $137.42 | 16,655 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-06 | M | A | 5,872 | $129.54 | 22,527 | D | — | — | |
| 3 | Common | Common Stock | 2024-05-06 | S | D | 16,179 | $148.01 | 6,348 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $148.00 to $148.25. 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. |
| 4 | Derivative | Option (right to buy) | 2024-05-06 | M | D | 5,872 | $0.00 | 0 | D | $129.54 · — to 2024-07-01 | 5,872 Common Stock | (F4) 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. (F3) Currently exercisable. |
| 5 | Derivative | Option (right to buy) | 2024-05-06 | M | D | 9,353 | $0.00 | 0 | D | $137.42 · — to 2024-07-01 | 9,353 Common Stock | (F4) 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. (F3) Currently exercisable. |