0001209191-22-023384.txt : 20220405
0001209191-22-023384.hdr.sgml : 20220405
20220405213707
ACCESSION NUMBER: 0001209191-22-023384
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220401
FILED AS OF DATE: 20220405
DATE AS OF CHANGE: 20220405
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WALTERS KIRK W
CENTRAL INDEX KEY: 0001250515
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09861
FILM NUMBER: 22809221
MAIL ADDRESS:
STREET 1: C/O PEOPLE'S UNITED BANK
STREET 2: 850 MAIN STREET, 16TH FLOOR
CITY: BRIDGEPORT
STATE: CT
ZIP: 06604
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: M&T BANK CORP
CENTRAL INDEX KEY: 0000036270
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 160968385
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O CORPORATE REPORTING
STREET 2: ONE M&T PLAZA 5TH FLOOR
CITY: BUFFALO
STATE: NY
ZIP: 14203
BUSINESS PHONE: 7168425390
MAIL ADDRESS:
STREET 1: C/O CORPORATE REPORTING
STREET 2: ONE M&T PLAZA 5TH FLR
CITY: BUFFALO
STATE: NY
ZIP: 14203
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST EMPIRE STATE CORP
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-04-01
0
0000036270
M&T BANK CORP
MTB
0001250515
WALTERS KIRK W
ONE M&T PLAZA
BUFFALO
NY
14203
1
0
0
0
Common Stock
2022-04-01
4
A
0
9211
A
9211
D
Common Stock
2022-04-01
4
F
0
4640
19.865
D
4571
D
Common Stock
2022-04-01
4
A
0
1098
A
1098
I
By 401(k)
Common Stock
2022-04-01
4
A
0
473
A
473
I
By ESOP
Common Stock
2022-04-01
4
A
0
5294
A
5294
I
By Lacey & Sadie, LLC
Common Stock
2022-04-01
4
A
0
31097
A
31097
I
By Gus & Bonnie, LLC
Series H Perpetual Non-Cumulative Preferred Stock
2022-04-01
4
A
0
40000
A
40000
I
By Gus & Bonnie, LLC
Option (right to buy)
109.67
2022-04-01
4
A
0
19545
A
2023-02-21
Common Stock
19545
19545
D
Option (right to buy)
162.42
2022-04-01
4
A
0
7119
A
2024-07-01
Common Stock
7119
7119
D
Option (right to buy)
117.82
2022-04-01
4
A
0
29004
A
2024-02-20
Common Stock
29004
29004
D
Option (right to buy)
167.01
2022-04-01
4
A
0
6970
A
2024-07-01
Common Stock
6970
6970
D
Option (right to buy)
149.39
2022-04-01
4
A
0
7767
A
2024-07-01
Common Stock
7767
7767
D
Option (right to buy)
125.85
2022-04-01
4
A
0
18184
A
2024-07-01
Common Stock
18184
18184
D
Option (right to buy)
137.42
2022-04-01
4
A
0
9353
A
2024-07-01
Common Stock
9353
9353
D
Option (right to buy)
129.54
2022-04-01
4
A
0
5872
A
2024-07-01
Common Stock
5872
5872
D
Option (right to buy)
177.40
2022-04-01
4
A
0
3239
A
2024-07-01
Common Stock
3239
3239
D
Option (right to buy)
123.44
2022-04-01
4
A
0
10661
A
2024-07-01
Common Stock
10661
10661
D
Shares received in exchange for shares of People's United Financial, Inc. ("People's United"). 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 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's common stock was converted into the right to receive 0.118 of a share of M&T the ("exchange ratio").
Estimated number of shares withheld for taxes upon the vesting of restricted share units the reporting person received for previously granted People's United performance share units and the vesting of shares the reporting person received for previously granted People's United restricted stock, pursuant to the Merger Agreement. Due to the timing of the availability of tax withholding information, the final number of shares withheld for taxes cannot be determined at the time of this filing. An amendment will be filed to disclose the final number of shares withheld for taxes.
High/Low average of People's United common stock on April 1, 2022.
Shares allocated for the benefit of the reporting person under the People's United Employee Stock Ownership Plan ("ESOP").
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.
Currently exercisable.
Pursuant to the Merger Agreement, at the effective time of the Merger, outstanding and unexercised stock options to acquire People's United common stock were converted into a number of stock options to acquire M&T common stock based on the exchange ratio. The exercise price of such converted options were also adjusted based on the exchange ratio, pursuant to the Merger Agreement.
By: Stephen T. Wilson, Esq.
(Attorney-In-Fact)
2022-04-05