Rene F. Jones - 03 Feb 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTB	Common Stock	Award	$0	+3,420	+4.3%	$0.000000	83,713	03 Feb 2023	Direct	F1, F2
transaction	MTB	Common Stock	Tax liability	$264,927	-1,666	-2%	$159.02	82,047	03 Feb 2023	Direct	F3
holding	MTB	Common Stock						422	03 Feb 2023	By Daughter	F4
holding	MTB	Common Stock						422	03 Feb 2023	By Daughter	F4
holding	MTB	Common Stock						5,481	03 Feb 2023	By 401(k) Plan	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on February 5, 2020, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan (the "Equity Plan") and vested upon achievement of performance goals for the applicable performance period.
F2	The performance-based restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-based restricted stock units.
F3	Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.
F4	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.
F5	The information presented is as of December 31, 2022.