| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Common Stock | Award | $0 | +4.88K | +5.95% | $0.00 | 86.9K | Feb 10, 2023 | Direct | F1, F2 |
| transaction | MTB | Common Stock | Tax liability | -$398K | -2.5K | -2.88% | $159.02 | 84.4K | Feb 10, 2023 | Direct | F3 |
| holding | MTB | Common Stock | 422 | Feb 10, 2023 | By Daughter | F4 | |||||
| holding | MTB | Common Stock | 422 | Feb 10, 2023 | By Daughter | F4 | |||||
| holding | MTB | Common Stock | 5.48K | Feb 10, 2023 | By 401(k) Plan | F5 |
| Id | Content |
|---|---|
| F1 | Shares issued pursuant to performance-vested stock units (including 469 shares issued for related dividend equivalent units) that were granted to the reporting person on February 5, 2020 under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the "Plan") and were earned based on achievement against pre-established performance criteria for the three-year performance period ended December 31, 2022, as determined by the Company's Compensation and Human Capital Committee on February 10, 2023. |
| F2 | The performance-vested stock units were granted under the Plan and therefore the reporting person paid no price for the performance-vested stock units. |
| F3 | Shares withheld for taxes upon the settlement in shares of performance-vested 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. |