Michael R. Spychala - Feb 3, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
EVP & Controller
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Feb 3, 2023
Transactions value $
-$18,923
Form type
4
Date filed
2/7/2023, 04:35 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 +351 +1.01% $0.00 35.2K Feb 3, 2023 Direct F1, F2
transaction MTB Common Stock Tax liability -$18.9K -119 -0.34% $159.02 35.1K Feb 3, 2023 Direct F3
holding MTB Common Stock 1.58K Feb 3, 2023 401(k) Plan F4
* 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 The information presented is as of December 31, 2022.