Rene F. Jones - Feb 3, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Feb 3, 2023
Transactions value $
-$264,927
Form type
4
Date filed
2/7/2023, 04:27 PM
Previous filing
Feb 2, 2023
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +3.42K +4.26% $0.00 83.7K Feb 3, 2023 Direct F1, F2
transaction MTB Common Stock Tax liability -$265K -1.67K -1.99% $159.02 82K Feb 3, 2023 Direct F3
holding MTB Common Stock 422 Feb 3, 2023 By Daughter F4
holding MTB Common Stock 422 Feb 3, 2023 By Daughter F4
holding MTB Common Stock 5.48K Feb 3, 2023 By 401(k) Plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.