Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTB | Common Stock | Award | $0 | +1.03K | +8.26% | $0.00 | 13.5K | Apr 28, 2023 | Direct | F1, F2 |
holding | MTB | Common Stock | 8K | Apr 28, 2023 | By CRAT | F3 |
Id | Content |
---|---|
F1 | The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting. The reporting person has elected to defer the distribution of the underlying shares upon vesting until after his separation from service on the Board of Directors, pursuant to the M&T Bank Corporation Voluntary Deferred Compensation Plan for Directors. |
F2 | Includes shares that are jointly owned. |
F3 | The indicated shares are held by a Charitable Remainder Annuity Trust ("CRAT") of which the reporting person and the reporting person's spouse are co-trustees and of which the reporting person's spouse is the current annuity beneficiary for the lesser of her life or 21 years. |