Denis J. Salamone - Apr 29, 2022 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Apr 29, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 05:57 PM
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +721 +1.14% $0.00 64K Apr 29, 2022 Direct F1, F2
holding MTB Common Stock 7.92K Apr 29, 2022 By IRA
holding MTB Common Stock 5K Apr 29, 2022 By Family Foundation F3
holding MTB Common Stock 13.3K Apr 29, 2022 By GRAT #1 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
F2 On June 28, 2021, 6,685 shares were acquired from GRAT #1 in satisfaction of its annuity obligation. See footnote (4) for information regarding the GRAT #1.
F3 The indicated shares are held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.
F4 The indicated shares are held by GRAT #1. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.