Kirk W. Walters - 13 Mar 2024 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 Mar 2024
Net transactions value
-$578,075
Form type
4
Filing time
15 Mar 2024, 14:01:12 UTC
Previous filing
15 Dec 2023
Next filing
02 May 2024
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 $2,288,456 +18,184 +286% $125.85 24,551 13 Mar 2024 Direct
transaction MTB Common Stock Options Exercise $1,315,994 +10,661 +43% $123.44 35,212 13 Mar 2024 Direct
transaction MTB Common Stock Sale $4,182,525 -28,845 -82% $145.00 6,367 13 Mar 2024 Direct
holding MTB Common Stock 8 13 Mar 2024 By 401(k) F1
holding MTB Common Stock 4,688 13 Mar 2024 By Lacey & Sadie, LLC
holding MTB Common Stock 30,091 13 Mar 2024 By Gus & Bonnie, LLC
holding MTB Series H Perpetual Non-Cumulative Preferred Stock 40,000 13 Mar 2024 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 -18,184 -100% $0.000000* 0 13 Mar 2024 Common Stock 18,184 $125.85 Direct F2, F3
transaction MTB OPtion (right to buy) Options Exercise $0 -10,661 -100% $0.000000* 0 13 Mar 2024 Common Stock 10,661 $123.44 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 February 14, 2024.
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.