Richard S. Gold - Feb 11, 2022 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
President & COO, Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-in-Fact)
Stock symbol
MTB
Transactions as of
Feb 11, 2022
Transactions value $
-$347,464
Form type
4
Date filed
2/15/2022, 07:52 PM
Previous filing
Feb 8, 2022
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +3.7K +7.16% $0.00 55.4K Feb 11, 2022 Direct F1, F2
transaction MTB Common Stock Tax liability -$347K -1.91K -3.44% $182.30 53.5K Feb 11, 2022 Direct F3
holding MTB Common Stock 2.43 Feb 11, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to performance-vested stock units (including 340 shares issued for related dividend equivalent units) that were granted to the reporting person on January 31, 2019 under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan and were earned based on achievement against pre-established performance criteria for the three-year performance period ended December 31, 2021, as determined by the Company's Nomination, Compensation and Governance Committee on February 11, 2022.
F2 The performance-vested 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-vested stock units.
F3 Shares withheld for taxes upon the settlement in shares of performance-vested stock units.
F4 Jointly owned.