Kirk W. Walters - May 6, 2024 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
May 6, 2024
Transactions value $
-$348,782
Form type
4
Date filed
5/7/2024, 05:22 PM
Previous filing
May 2, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Options Exercise $1.29M +9.35K +128.09% $137.42 16.7K May 6, 2024 Direct
transaction MTB Common Stock Options Exercise $761K +5.87K +35.26% $129.54 22.5K May 6, 2024 Direct
transaction MTB Common Stock Sale -$2.39M -16.2K -71.82% $148.01 6.35K May 6, 2024 Direct F1
holding MTB Common Stock 8 May 6, 2024 By 401(k) F2
holding MTB Common Stock 4.69K May 6, 2024 By Lacey & Sadie, LLC
holding MTB Common Stock 30.1K May 6, 2024 By Gus & Bonnie, LLC
holding MTB Series H Perpetual Non-Cumulative Preferred Stock 40K May 6, 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 -9.35K -100% $0.00* 0 May 6, 2024 Common Stock 9.35K $137.42 Direct F3, F4
transaction MTB Option (right to buy) Options Exercise $0 -5.87K -100% $0.00* 0 May 6, 2024 Common Stock 5.87K $129.54 Direct F3, F4
* 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 $148.00 to $148.25. 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 The information presented is as of March 31, 2024.
F3 Currently exercisable.
F4 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.