Form 4 for MTB M&T Bank
Accepted 2024-05-16 00:00:00 ET · period of report 2024-05-14 · accession 0001209191-24-005653 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-16 | 2024-05-14 | MTB | BARNES JOHN P | Dir | M - OptEx | $149.39 | +43.4K | 78.9K | +122% | +$6.49M |
| D | 2024-05-16 | 2024-05-14 | MTB | BARNES JOHN P | Dir | S - Sale+OE | $154.50 | -43.4K | 35.5K | -55% | -$6.71M |
| D | 2024-05-16 | 2024-05-14 | MTB | BARNES JOHN P | Dir | M - OptEx | $0.00 | -43.4K | 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 | 2024-05-14 | M | A | 43,426 | $149.39 | 78,906 | D | — | — | |
| 2 | Common | Common Stock | 2024-05-14 | S | D | 43,426 | $154.50 | 35,480 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $154.50 to $154.59. 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 | Derivative | Option (right to buy) | 2024-05-14 | M | D | 43,426 | $0.00 | 0 | D | $149.39 · — to 2024-07-01 | 43,426 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. |