M&T BANK CORP·4

Dec 9, 4:11 PM ET

SALAMONE DENIS J 4

4 · M&T BANK CORP · Filed Dec 9, 2020

Insider Transaction Report

Form 4
Period: 2020-12-07
Transactions
  • Exercise/Conversion

    Option (right to buy)

    2020-12-0716,3940 total
    Exercise: $113.06Exp: 2021-03-14Common Stock (16,394 underlying)
  • Exercise/Conversion

    Common Stock

    2020-12-07$113.06/sh+16,394$1,853,50671,776 total
  • Sale

    Common Stock

    2020-12-07$127.19/sh16,394$2,085,19755,382 total
Holdings
  • Common Stock

    (indirect: By Foundation)
    5,000
  • Common Stock

    (indirect: By IRA)
    7,917
  • Common Stock

    (indirect: By GRAT #1)
    20,000
Footnotes (5)
  • [F1]This transaction was executed in multiple trades at prices ranging from $126.60 to $128.105. 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 indicated shares are held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.
  • [F3]The indicated shares are held by GRAT #1. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
  • [F4]Currently exercisable.
  • [F5]The option was granted under an employee stock option plan maintained by Hudson City Bancorp, Inc. ("Hudson City") 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 and Hudson City. The reporting person paid no price for the option.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION