Denis J. Salamone - 31 Dec 2022 Form 5 Insider Report for M&T BANK CORP (MTB)

Role
Director
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Issuer symbol
MTB
Transactions as of
31 Dec 2022
Net transactions value
-$873,900
Form type
5
Filing time
14 Feb 2023, 18:51:24 UTC
Previous filing
03 May 2022
Next filing
02 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Gift $0 -2,000 -2.8% $0.000000 68,213 09 Aug 2022 Direct F1, F2, F3
transaction MTB Common Stock Sale $873,900 -5,000 -100% $174.78 0 02 Aug 2022 By Family Foundation F4, F5
transaction MTB Common Stock Gift $0 -7,070 -100% $0.000000* 0 02 Aug 2022 By GRAT #1 F1, F6
holding MTB Common Stock 7,917 31 Dec 2022 By IRA
* 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 On August 2, 2022, 6,245 shares were acquired from GRAT #1 pursuant to the termination of the GRAT #1.
F3 Includes shares that are jointly owned.
F4 The reporting of this transaction is voluntary and therefore does not constitute a late filing. See Footnote 5.
F5 The indicated shares were held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.
F6 On August 2, 2022, 7,070 shares were transferred to the reporting person's children pursuant to the termination of the GRAT #1.