Doris P. Meister - 04 Feb 2022 Form 4 Insider Report for M&T BANK CORP (MTB)

Signature
By Stephen T. Wilson, Esq. (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
04 Feb 2022
Net transactions value
-$67,694
Form type
4
Filing time
08 Feb 2022, 19:26:33 UTC
Previous filing
02 Feb 2022
Next filing
21 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +1,117 +31% $0.000000 4,741 04 Feb 2022 Direct F1, F2
transaction MTB Common Stock Tax liability $67,694 -377 -8% $179.56 4,364 04 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 5, 2020, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan and vested upon achievement of performance goals for the applicable performance period.
F2 The performance-based restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the performance-based restricted stock units.
F3 Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.