JOHN P. BARNES - 13 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
13 Dec 2023
Net transactions value
-$632,644
Form type
4
Filing time
15 Dec 2023, 15:44:14 UTC
Previous filing
12 Dec 2023
Next filing
29 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $5,711,075 +46,266 +134% $123.44 80,811 13 Dec 2023 Direct
transaction MTB Common Stock Sale $1,402,138 -10,448 -13% $134.20 70,363 13 Dec 2023 Direct F1
transaction MTB Common Stock Sale $410,669 -3,032 -4.3% $135.44 67,331 13 Dec 2023 Direct F2
transaction MTB Common Stock Sale $843,300 -6,170 -9.2% $136.68 61,161 13 Dec 2023 Direct F3
transaction MTB Common Stock Sale $2,619,602 -19,050 -31% $137.51 42,111 13 Dec 2023 Direct F4
transaction MTB Common Stock Sale $1,047,220 -7,566 -18% $138.41 34,545 13 Dec 2023 Direct F5
transaction MTB Common Stock Options Exercise $122,946 +996 +2.9% $123.44 35,541 14 Dec 2023 Direct
transaction MTB Common Stock Sale $710 -5 -0.01% $142.06 35,536 14 Dec 2023 Direct
transaction MTB Common Stock Sale $143,025 -991 -2.8% $144.32 34,545 14 Dec 2023 Direct F6
holding MTB Common Stock 1,348 13 Dec 2023 By IRA
holding MTB Common Stock 1,558 13 Dec 2023 By Nancy Barnes Living Trust
holding MTB Common Stock 69,960 13 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 -46,266 -98% $0.000000 996 13 Dec 2023 Common Stock 46,266 $123.44 Direct F7, F8
transaction MTB Option (right to buy) Options Exercise $0 -996 -100% $0.000000* 0 14 Dec 2023 Common Stock 996 $123.44 Direct F7, F8
* 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 $134.995. 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 $135.00 to $135.98. 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 $136.05 to $137.04. 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 This transaction was executed in multiple trades at prices ranging from $137.045 to $138.01. 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.
F5 This transaction was executed in multiple trades at prices ranging from $138.075 to $138.53. 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.
F6 This transaction was executed in multiple trades at prices ranging from $143.93 to $144.63. 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.
F7 Currently exercisable.
F8 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.