Christopher E. Kay - Jan 28, 2022 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Executive Vice President
Signature
By: Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 28, 2022
Transactions value $
-$121,653
Form type
4
Date filed
2/1/2022, 06:57 PM
Previous filing
Dec 2, 2021
Next filing
Feb 2, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTB Common Stock Award $0 +1.89K +34.65% $0.00 7.33K Jan 28, 2022 Direct F1, F2
transaction MTB Common Stock Tax liability -$122K -707 -9.64% $172.07 6.63K Jan 28, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 29, 2021, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan and vested upon achievement of performance goals for the applicable performance period.
F2 The performance-based restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, 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 the performance-based restricted stock units previously granted to the reporting person.