| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Common Stock | Award | $0 | +8.26K | +9.69% | $0.00 | 93.5K | Jan 31, 2024 | Direct | F1, F2 |
| transaction | MTB | Common Stock | Tax liability | -$497K | -3.6K | -3.85% | $138.10 | 89.9K | Jan 31, 2024 | Direct | F3 |
| holding | MTB | Common Stock | 680 | Jan 31, 2024 | By Daughter | F4 | |||||
| holding | MTB | Common Stock | 680 | Jan 31, 2024 | By Daughter | F4 | |||||
| holding | MTB | Common Stock | 5.71K | Jan 31, 2024 | By 401(k) Plan | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MTB | Option (right to buy) | Award | $0 | +21K | $0.00 | 21K | Jan 31, 2024 | Common Stock | 21K | $138.10 | Direct | F6, F7 |
| Id | Content |
|---|---|
| F1 | Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2022 and January 31, 2023, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan (the "Plan") and vested upon achievement of performance goals for the applicable performance periods. |
| F2 | The performance-based restricted stock units were granted under the 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 | 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, 2023. |
| F6 | The option vests ratably on the first, second and third anniversary of the grant date. |
| F7 | The option was granted under the Plan, and therefore the reporting person paid no price for the option. |