Barnes John P's Form 4 filing
M&T Bank Corp (MTB) · filed Dec 12, 2023
- Accession no.
- 0001209191-23-058314
- Filed
- Dec 12, 2023
- Trade date
- Dec 8-11, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $5.54M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Barnes John PCIK 0001250506 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 8, 2023 | Common Stock | MOption exerciseAcquired | +24,212 | $125.85 | +$3,047,080.2 | 58,757 | Direct | |
| Dec 8, 2023 | Common Stock | MOption exerciseAcquired | +1,043 | $123.44 | +$128,747.92 | 59,800 | Direct | |
| Dec 8, 2023 | Common Stock | SSaleDisposed | −22,672 | $132.99F1 | −$3,015,149.28 | 37,128 | Direct | |
| Dec 8, 2023 | Common Stock | SSaleDisposed | −2,583 | $134.02F2 | −$346,173.66 | 34,545 | Direct | |
| Dec 11, 2023 | Common Stock | MOption exerciseAcquired | +16,378 | $125.85 | +$2,061,171.3 | 50,923 | Direct | |
| Dec 11, 2023 | Common Stock | SSaleDisposed | −15,762 | $133.26F1 | −$2,100,444.12 | 35,161 | Direct | |
| Dec 11, 2023 | Common Stock | SSaleDisposed | −616 | $133.90F3 | −$82,482.4 | 34,545 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 8, 2023 | Common Stock | MOption exerciseDisposed | −24,212 | $0.00F5 | $0 | 16,378 | Direct | |
| Dec 8, 2023 | Common Stock | MOption exerciseDisposed | −1,043 | $0.00F5 | $0 | 47,262 | Direct | |
| Dec 11, 2023 | Common Stock | MOption exerciseDisposed | −16,378 | $0.00F5 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This transaction was executed in multiple trades at prices ranging from $132.80 to $133.76. 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.
Referenced by the price of 2 transactions in Table I.
- F2
This transaction was executed in multiple trades at prices ranging from $133.81 to $134.34. 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.
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $133.86 to $133.92. 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.
Referenced by the price of 1 transaction in Table I.
- F5
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.
Referenced by the price of 3 transactions in Table II.