Barnes John P's Form 4 filing
M&T Bank Corp (MTB) · filed May 7, 2024
- Accession no.
- 0001209191-24-005563
- Filed
- May 7, 2024
- Trade date
- May 3-6, 2024
- 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 $9.71M. 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 |
|---|---|---|---|---|---|---|---|---|
| May 3, 2024 | Common Stock | MOption exerciseAcquired | +100 | $137.42 | +$13,742 | 35,580 | Direct | |
| May 3, 2024 | Common Stock | MOption exerciseAcquired | +13,260 | $129.54 | +$1,717,700.4 | 48,840 | Direct | |
| May 3, 2024 | Common Stock | SSaleDisposed | −13,360 | $147.00F1 | −$1,963,920 | 35,480 | Direct | |
| May 6, 2024 | Common Stock | MOption exerciseAcquired | +52,187 | $137.42 | +$7,171,537.54 | 87,667 | Direct | |
| May 6, 2024 | Common Stock | SSaleDisposed | −16,880 | $147.87F2 | −$2,496,045.6 | 70,787 | Direct | |
| May 6, 2024 | Common Stock | SSaleDisposed | −35,061 | $148.74F3 | −$5,214,973.14 | 35,726 | Direct | |
| May 6, 2024 | Common Stock | SSaleDisposed | −246 | $149.26F4 | −$36,717.96 | 35,480 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 3, 2024 | Common Stock | MOption exerciseDisposed | −100 | $0.00F6 | $0 | 52,187 | Direct | |
| May 3, 2024 | Common Stock | MOption exerciseDisposed | −13,260 | $0.00F6 | $0 | 0 | Direct | |
| May 6, 2024 | Common Stock | MOption exerciseDisposed | −52,187 | $0.00F6 | $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 $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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 3 transactions in Table II.