Kirk W. Walters - Dec 1, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Dec 1, 2023
Transactions value $
-$353,269
Form type
4
Date filed
12/4/2023, 04:57 PM
Previous filing
May 2, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $3.42M +29K +409.2% $117.82 36.1K Dec 1, 2023 Direct
transaction MTB Common Stock Sale -$3.77M -29K -80.36% $130.00 7.09K Dec 1, 2023 Direct
holding MTB Common Stock 8 Dec 1, 2023 By 401(k) F1
holding MTB Common Stock 4.69K Dec 1, 2023 By Lacey & Sadie, LLC
holding MTB Common Stock 30.1K Dec 1, 2023 By Gus & Bonnie, LLC
holding MTB Series H Perpetual Non-Cumulative Preferred Stock 40K Dec 1, 2023 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 -29K -100% $0.00* 0 Dec 1, 2023 Common Stock 29K $117.82 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The information presented is as of September 30, 2023.
F2 Currently exercisable.
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.