JOHN P. BARNES - 25 Apr 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
25 Apr 2024
Net transactions value
-$360,343
Form type
4
Filing time
29 Apr 2024, 16:40:42 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 $1,295,400 +10,000 +29% $129.54 44,545 25 Apr 2024 Direct
transaction MTB Common Stock Sale $1,471,143 -10,000 -22% $147.11 34,545 25 Apr 2024 Direct F1
transaction MTB Common Stock Options Exercise $1,295,400 +10,000 +29% $129.54 44,545 26 Apr 2024 Direct
transaction MTB Common Stock Sale $1,480,000 -10,000 -22% $148.00 34,545 26 Apr 2024 Direct
holding MTB Common Stock 1,348 25 Apr 2024 By IRA
holding MTB Common Stock 1,558 25 Apr 2024 By Nancy Barnes Living Trust
holding MTB Common Stock 69,960 25 Apr 2024 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 -10,000 -30% $0.000000 23,260 25 Apr 2024 Common Stock 10,000 $129.54 Direct F2, F3
transaction MTB Option (right to buy) Options Exercise $0 -10,000 -43% $0.000000 13,260 26 Apr 2024 Common Stock 10,000 $129.54 Direct F2, F3
* 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 $147.00 to $147.26. 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 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.