| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Common Stock | Options Exercise | $1.28M | +7.81K | +137.05% | $164.54 | 13.5K | Jun 1, 2022 | Direct | |
| transaction | MTB | Common Stock | Options Exercise | $334K | +2.52K | +18.68% | $132.47 | 16K | Jun 1, 2022 | Direct | |
| transaction | MTB | Common Stock | Sale | -$1.73M | -9.81K | -61.22% | $176.67 | 6.22K | Jun 1, 2022 | Direct | F1 |
| holding | MTB | Common Stock | 1.08K | Jun 1, 2022 | By 401(k) Plan | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Option (right to buy) | Options Exercise | $0 | -7.81K | -100% | $0.00* | 0 | Jun 1, 2022 | Common Stock | 7.81K | $164.54 | Direct | F3, F4 |
| transaction | MTB | Option (right to buy) | Options Exercise | $0 | -2.52K | -33.33% | $0.00 | 5.05K | Jun 1, 2022 | Common Stock | 2.52K | $132.47 | Direct | F3, F5 |
| holding | MTB | Phantom Common Stock Units | 855 | Jun 1, 2022 | Common Stock | 855 | By Supplemental 401(k) Plan | F6, F7 |
| Id | Content |
|---|---|
| F1 | This transaction was executed in multiple trades at prices ranging from $176.39 to $177.35. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F2 | The information presented is as of April 26, 2022. |
| F3 | Currently exercisable. |
| F4 | The option was granted under an employee stock option plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option. |
| F5 | The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option. |
| F6 | 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. |
| F7 | The information presented is as of May 10, 2022. |