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