Julianne Urban - Jan 27, 2023 Form 4 Insider Report for M&T BANK CORP (MTB)

Role
Sr. EVP & Chief Auditor
Signature
By Stephen T. Wilson, Esq. (Attorney-In-Fact)
Stock symbol
MTB
Transactions as of
Jan 27, 2023
Transactions value $
-$31,616
Form type
4
Date filed
1/31/2023, 04:47 PM
Previous filing
Feb 15, 2022
Next filing
Feb 2, 2023
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 +491 +11.77% $0.00 4.66K Jan 27, 2023 Direct F1, F2
transaction MTB Common Stock Tax liability -$31.6K -204 -4.38% $154.98 4.46K Jan 27, 2023 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 performance-vested stock units.