| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Common Stock | Gift | $0 | -450 | -0.9% | $0.00 | 49.4K | Nov 22, 2022 | Direct | F1 |
| transaction | MTB | Common Stock | Award | $0 | +1.4K | +2.84% | $0.00 | 50.8K | Jan 27, 2023 | Direct | F2, F3 |
| transaction | MTB | Common Stock | Tax liability | -$83.8K | -541 | -1.07% | $154.98 | 50.2K | Jan 27, 2023 | Direct | F4 |
| transaction | MTB | Common Stock | Gift | $0 | +150 | +14.3% | $0.00 | 1.2K | Nov 22, 2022 | By Son | F5, F6 |
| transaction | MTB | Common Stock | Gift | $0 | +150 | +14.3% | $0.00 | 1.2K | Nov 22, 2022 | By Daughter | F5 |
| transaction | MTB | Common Stock | Gift | $0 | +150 | +14.3% | $0.00 | 1.2K | Nov 22, 2022 | By Daughter | F5 |
| holding | MTB | Common Stock | 975 | Jan 27, 2023 | By 401(k) Plan | F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | MTB | Phantom Common Stock Units | 155 | Jan 27, 2023 | Common Stock | Supplemental 401(k) Plan | F7, F8 |
| Id | Content |
|---|---|
| F1 | The reported transaction involves a transfer of securities by gift for which no payment of consideration was received by the reporting person. |
| F2 | Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 29, 2021, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan and vested upon achievement of performance goals for the applicable performance period. |
| F3 | The performance-based restricted 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-based restricted stock units |
| F4 | Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person. |
| F5 | The reported transaction involves a transfer of securities by gift for which no consideration was paid. |
| F6 | These shares are owned by the son of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian. |
| F7 | The information presented is as of December 31, 2022. |
| F8 | The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan 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. |