JOHN P. BARNES - 03 May 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
03 May 2024
Net transactions value
-$808,615
Form type
4
Filing time
07 May 2024, 17:21:02 UTC
Previous filing
02 May 2024
Next filing
16 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $13,742 +100 +0.28% $137.42 35,580 03 May 2024 Direct
transaction MTB Common Stock Options Exercise $1,717,700 +13,260 +37% $129.54 48,840 03 May 2024 Direct
transaction MTB Common Stock Sale $1,963,945 -13,360 -27% $147.00 35,480 03 May 2024 Direct F1
transaction MTB Common Stock Options Exercise $7,171,538 +52,187 +147% $137.42 87,667 06 May 2024 Direct
transaction MTB Common Stock Sale $2,495,983 -16,880 -19% $147.87 70,787 06 May 2024 Direct F2
transaction MTB Common Stock Sale $5,214,949 -35,061 -50% $148.74 35,726 06 May 2024 Direct F3
transaction MTB Common Stock Sale $36,717 -246 -0.69% $149.26 35,480 06 May 2024 Direct F4
holding MTB Common Stock 1,348 03 May 2024 By IRA
holding MTB Common Stock 1,558 03 May 2024 By Nancy Barnes Living Trust
holding MTB Common Stock 69,960 03 May 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 -100 -0.19% $0.000000 52,187 03 May 2024 Common Stock 100 $137.42 Direct F5, F6
transaction MTB Option (right to buy) Options Exercise $0 -13,260 -100% $0.000000* 0 03 May 2024 Common Stock 13,260 $129.54 Direct F5, F6
transaction MTB Option (right to buy) Options Exercise $0 -52,187 -100% $0.000000* 0 06 May 2024 Common Stock 52,187 $137.42 Direct F5, F6
* 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 $147.25. 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 $147.25 to $148.24. 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 $148.245 to $149.225. 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 $149.24 to $149.28. 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 Currently exercisable.
F6 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.