John P. Barnes - Dec 6, 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 6, 2023
Transactions value $
-$236,954
Form type
4
Date filed
12/8/2023, 05:09 PM
Previous filing
Jul 31, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $37.8K +300 +0.87% $125.85 34.8K Dec 6, 2023 Direct
transaction MTB Common Stock Options Exercise $63.3K +513 +1.47% $123.44 35.4K Dec 6, 2023 Direct
transaction MTB Common Stock Sale -$109K -813 -2.3% $134.01 34.5K Dec 6, 2023 Direct F1
transaction MTB Common Stock Options Exercise $4.15M +32.9K +95.35% $125.85 67.5K Dec 7, 2023 Direct
transaction MTB Common Stock Sale -$4.37M -32.9K -48.81% $132.80 34.5K Dec 7, 2023 Direct F2
holding MTB Common Stock 1.35K Dec 6, 2023 By IRA F3
holding MTB Common Stock 1.56K Dec 6, 2023 By Nancy Barnes Living Trust
holding MTB Common Stock 70K Dec 6, 2023 By John P. Barnes Living Trust

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 -300 -0.41% $0.00 73.5K Dec 6, 2023 Common Stock 300 $125.85 Direct F4, F5
transaction MTB Option (right to buy) Options Exercise $0 -513 -1.05% $0.00 48.3K Dec 6, 2023 Common Stock 513 $123.44 Direct F4, F5
transaction MTB Option (right to buy) Options Exercise $0 -32.9K -44.8% $0.00 40.6K Dec 7, 2023 Common Stock 32.9K $125.85 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $134.00 to $134.08. 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.
F2 This transaction was executed in multiple trades at prices ranging from $132.80 to $132.85. 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.
F3 Includes 773 shares previously owned indirectly through People's United Financial Inc. ("People's United") Employee Stock Ownership Plan which includes 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.