Rene F. Jones - Jan 27, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Chairman of the Board and CEO, Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 27, 2023
Transactions value $
-$223,481
Form type
4
Date filed
1/31/2023, 05:00 PM
Previous filing
Oct 25, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Gift $0 -454 -0.59% $0.00 76.5K Dec 21, 2022 Direct F1
transaction MTB Common Stock Gift $0 -1K -1.31% $0.00 75.5K Dec 30, 2022 Direct F1
transaction MTB Common Stock Award $0 +4.28K +5.66% $0.00 79.8K Jan 27, 2023 Direct F2, F3
transaction MTB Common Stock Tax liability -$223K -1.44K -1.81% $154.98 78.4K Jan 27, 2023 Direct F4
transaction MTB Common Stock Gift $0 +227 +116.34% $0.00 422 Dec 21, 2022 By Daughter F5, F6, F7
transaction MTB Common Stock Gift $0 +227 +116.34% $0.00 422 Dec 21, 2022 By Daughter F5, F6, F7
holding MTB Common Stock 5.48K Jan 27, 2023 By 401(k) Plan F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Includes fractional shares credited for the period between October 1, 2022 and December 31, 2022 through participation in the M&T Bank Corporation Dividend Reinvestment Plan.
F7 These shares are owned by the daughter of the reporting person through a custodial account under the Uniform Gifts to Minors Act for which the reporting person is custodian.
F8 The information presented is as of December 31, 2022.