Baron Collin P 4
4 · People's United Financial, Inc. · Filed Apr 4, 2022
Insider Transaction Report
Form 4
Baron Collin P
Director
Transactions
- Disposition to Issuer
Common Stock
2022-04-01−100,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2022-04-01−162,576→ 0 total
Footnotes (1)
- [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").