JOHN P. BARNES - 08 Dec 2023 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
08 Dec 2023
Net transactions value
-$307,304
Form type
4
Filing time
12 Dec 2023, 17:23:46 UTC
Previous filing
08 Dec 2023
Next filing
15 Dec 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 $3,047,080 +24,212 +70% $125.85 58,757 08 Dec 2023 Direct
transaction MTB Common Stock Options Exercise $128,748 +1,043 +1.8% $123.44 59,800 08 Dec 2023 Direct
transaction MTB Common Stock Sale $3,015,247 -22,672 -38% $132.99 37,128 08 Dec 2023 Direct F1
transaction MTB Common Stock Sale $346,178 -2,583 -7% $134.02 34,545 08 Dec 2023 Direct F2
transaction MTB Common Stock Options Exercise $2,061,171 +16,378 +47% $125.85 50,923 11 Dec 2023 Direct
transaction MTB Common Stock Sale $2,100,398 -15,762 -31% $133.26 35,161 11 Dec 2023 Direct F1
transaction MTB Common Stock Sale $82,480 -616 -1.8% $133.90 34,545 11 Dec 2023 Direct F3
holding MTB Common Stock 1,348 08 Dec 2023 By IRA
holding MTB Common Stock 1,558 08 Dec 2023 By Nancy Barnes Living Trust
holding MTB Common Stock 69,960 08 Dec 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 -24,212 -60% $0.000000 16,378 08 Dec 2023 Common Stock 24,212 $125.85 Direct F4, F5
transaction MTB Option (right to buy) Options Exercise $0 -1,043 -2.2% $0.000000 47,262 08 Dec 2023 Common Stock 1,043 $123.44 Direct F4, F5
transaction MTB Option (right to buy) Options Exercise $0 -16,378 -100% $0.000000* 0 11 Dec 2023 Common Stock 16,378 $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 $132.80 to $133.76. 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 $133.81 to $134.34. 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 This transaction was executed in multiple trades at prices ranging from $133.86 to $133.92. 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.
F4 Currently exercisable.
F5 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.