Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MTB | Common Stock | Award | $0 | +21.3K | +23.68% | $0.00 | 111K | Feb 16, 2024 | Direct | F1, F2 |
transaction | MTB | Common Stock | Tax liability | -$1.5M | -10.9K | -9.78% | $138.31 | 100K | Feb 16, 2024 | Direct | F3 |
holding | MTB | Common Stock | 680 | Feb 16, 2024 | By Daughter | F4 | |||||
holding | MTB | Common Stock | 680 | Feb 16, 2024 | By Daughter | F4 | |||||
holding | MTB | Common Stock | 5.71K | Feb 16, 2024 | By 401(k) Plan | F5 |
Id | Content |
---|---|
F1 | Shares issued pursuant to performance-vested stock units (including 2,033 shares issued for related dividend equivalent units) that were granted to the reporting person on January 29, 2021 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, 2023, as determined by the Company's Compensation and Human Capital Committee on February 16, 2024. |
F2 | The performance-vested restricted stock units were granted under the Plan, and therefore the reporting person paid no price for the performance-vested restricted stock units. |
F3 | Shares withheld for taxes upon the settlement in shares of performance-vested 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 February 14, 2024. |