4//SEC Filing
RICHARDS MARK W 4
Accession 0001562180-22-003097
CIK 0001378946other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 11:07 AM ET
Size
11.5 KB
Accession
0001562180-22-003097
Insider Transaction Report
Form 4
RICHARDS MARK W
Director
Transactions
- Disposition to Issuer
Common Stock
2022-04-01−4,768→ 0 total(indirect: Held by daughter) - Disposition to Issuer
Common Stock
2022-04-01−67,061→ 0 total(indirect: By Trust) - Disposition to Issuer
Series A Nonconvertible Perpetual Preferred Stock
2022-04-01−8,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2022-04-01−259,430→ 0 total
Footnotes (3)
- [F1]On April 1, 2022, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), Bridge Merger Corp. ("Merger Sub"), a direct, wholly owned subsidiary of M&T Bank Corporation ("M&T"), merged with and into People's United Financial, Inc., a Delaware corporation ("People's United") with People's United as the surviving entity (the "Merger") and People's United then merged with and into M&T, with M&T as the surviving entity. Pursuant to the Merger Agreement, each issued and outstanding share of People's United common stock, including each restricted share award held by non-employee directors, was converted into the right to receive 0.118 of a share of M&T (the "exchange ratio").
- [F2]Includes 66,356 investment units accrued under the Chittenden Corporation Deferred Compensation Plan (including 569 units accrued due to the deemed reinvestment of dividend equivalents and reflecting settlement of 19,816 investment units by delivery of equal number of shares of common stock on January 21, 2022). Each investment unit corresponds to one share of common stock.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding share of Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, of People's United, was converted into the right to receive a share of M&T's Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H.
Documents
Issuer
People's United Financial, Inc.
CIK 0001378946
Entity typeother
Related Parties
1- filerCIK 0001250358
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 11:07 AM ET
- Size
- 11.5 KB