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M&T BANK CORP — Director's Dealing 2020
Dec 9, 2020
30142_dirs_2020-12-09_5a5e461e-6b44-4e52-a57b-63b82e9824c4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2020-12-07
Reporting Person: SALAMONE DENIS J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-07 | Common Stock | M | 16394 | $113.06 | Acquired | 71776 | Direct |
| 2020-12-07 | Common Stock | S | 16394 | $127.1927 | Disposed | 55382 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-07 | Option (right to buy) | $113.06 | M | 16394 | Disposed | 2021-03-14 | Common Stock (16394) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7917 | Indirect |
| Common Stock | 5000 | Indirect |
| Common Stock | 20000 | Indirect |
Footnotes
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.