Peter D'Arcy - May 16, 2022 Form 3 Insider Report for M&T BANK CORP (MTB)

Role
Sr. Executive Vice President
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
3
Date filed
5/26/2022, 11:57 AM
Next filing
Jan 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTB Common Stock 4.42K May 16, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MTB Phantom Common Stock Units May 16, 2022 Common Stock 293 By Supplemental 401(k) Plan F1
holding MTB Option (right to buy) May 16, 2022 Common Stock 1.4K $190.78 Direct F2
holding MTB Option (right to buy) May 16, 2022 Common Stock 2.02K $164.54 Direct F3
holding MTB Option (right to buy) May 16, 2022 Common Stock 2.07K $173.04 Direct F4
holding MTB Option (right to buy) May 16, 2022 Common Stock 1.96K $132.47 Direct F5
holding MTB Option (right to buy) May 16, 2022 Common Stock 1.41K $169.38 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported phantom common stock units are held by the reporting person in an excess benefit plan account maintained by M&T Bank Corporation and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
F2 The option granted includes a total of 1,396 shares, all of which are currently exercisable.
F3 The option granted includes a total of 2,020 shares, all of which are currently exercisable.
F4 The option granted includes a total of 2,065 shares. 1,376 of the shares are currently exercisable and the remaining 689 shares are exercisable on or after February 5, 2023.
F5 The option granted includes a total of 1,958 shares. 652 of the shares are currently exercisable; an additional 653 of the shares are exercisable on or after January 29, 2023; and the remaining 653 shares are exercisable on or after January 29, 2024.
F6 The option granted includes a total of 1,409 shares. 469 of the shares are exercisable on or after January 31, 2023; an additional 470 of the shares are exercisable on or after January 31, 2024; and the remaining 470 shares are exercisable on or after January 31, 2025.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney