Daryl N. Bible - Jul 31, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Sr. EVP & CFO
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jul 31, 2023
Transactions value $
$0
Form type
4
Date filed
8/2/2023, 04:16 PM
Previous filing
Jun 5, 2023
Next filing
Oct 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +17.9K +178.76% $0.00 27.9K Jul 31, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involves an award of restricted stock units under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan, as amended and restated (the "Equity Plan"). Each restricted stock unit represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
F2 The restricted stock unit award includes a total of 17,876 shares. 5,958 shares of the restricted stock unit award will vest on July 31, 2024; an additional 5,959 shares will vest on July 31, 2025; and the remaining 5,959 shares will vest on July 31, 2026.
F3 The restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the restricted stock units.