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 |
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. |