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Barnes John P's Form 4 filing

M&T Bank Corp (MTB) · filed Apr 29, 2024

Accession no.
0001209191-24-005404
Filed
Apr 29, 2024
Trade date
Apr 25-26, 2024
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.95M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Barnes John PCIK 0001250506Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Apr 25, 2024Common StockMOption exerciseAcquired+10,000$129.54+$1,295,40044,545Direct
Apr 25, 2024Common StockSSaleDisposed−10,000$147.11F1−$1,471,10034,545Direct
Apr 26, 2024Common StockMOption exerciseAcquired+10,000$129.54+$1,295,40044,545Direct
Apr 26, 2024Common StockSSaleDisposed−10,000$148.00−$1,480,00034,545Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Apr 25, 2024Common StockMOption exerciseDisposed−10,000$0.00F3$023,260Direct
Apr 26, 2024Common StockMOption exerciseDisposed−10,000$0.00F3$013,260Direct

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 $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.

Referenced by the price of 1 transaction in Table I.

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.

Referenced by the price of 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)