Kirk W. Walters - 09 Aug 2022 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
09 Aug 2022
Net transactions value
-$1,947,540
Form type
4
Filing time
11 Aug 2022, 15:57:27 UTC
Previous filing
03 May 2022
Next filing
02 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $2,143,500 +19,545 +254% $109.67 27,250 09 Aug 2022 Direct F1
transaction MTB Common Stock Sale $3,518,100 -19,545 -72% $180.00 7,705 09 Aug 2022 Direct
transaction MTB Common Stock Sale $282,780 -1,571 -20% $180.00 6,134 09 Aug 2022 Direct
transaction MTB Common Stock Sale $109,080 -606 -11% $180.00 4,688 09 Aug 2022 By Lacey & Sadie, LLC
transaction MTB Common Stock Sale $181,080 -1,006 -3.2% $180.00 30,091 09 Aug 2022 By Gus & Bonnie, LLC
holding MTB Common Stock 8 09 Aug 2022 By 401(k) F2
holding MTB Common Stock 3 09 Aug 2022 By ESOP F3
holding MTB Series H Perpetual Non-Cumulative Preferred Stock 40,000 09 Aug 2022 By Gus & Bonnie, LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTB Option (right to buy) Options Exercise $0 -19,545 -100% $0.000000* 0 09 Aug 2022 Common Stock 19,545 $109.67 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,098 shares previously owned indirectly through People's United Bank 401(k) Plan and 473 shares previously owned indirectly through People's United Financial Inc. ("People's United") Employee Stock Ownership Plan ("ESOP").
F2 The information presented is as of July 13, 2022 and includes shares acquired through the dividend reinvestment feature of the plan.
F3 Shares allocated for the benefit of the reporting person under the People's United ESOP. This holding reflects shares that were acquired through the dividend reinvestment feature of the plan.
F4 Currently exercisable.
F5 The option was granted under an employee stock option plan maintained by 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.