Laura P. O'Hara - 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
-$20,470
Form type
4
Filing time
08 Feb 2022, 19:31:27 UTC
Previous filing
02 Feb 2022
Next filing
15 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +317 +11% $0.000000 3,241 04 Feb 2020 Direct F1, F2
transaction MTB Common Stock Tax liability $20,470 -114 -3.5% $179.56 3,127 04 Feb 2020 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.