Form 4 for MTB M&T Bank

Accepted 2023-02-02 00:00:00 ET · period of report 2023-01-31 · accession 0001209191-23-006357 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-02-02	2023-01-31	MTB	PEARSON KEVIN J	Vice COB	A - Grant	$0.00	+1,416	41.3K	+4%	$0
D	2023-02-02	2023-01-31	MTB	PEARSON KEVIN J	Vice COB	F - Tax	$156.00	-439	40.8K	-1%	-$68.5K
D	2023-02-02	2023-01-31	MTB	PEARSON KEVIN J	Vice COB	A - Grant	$0.00	+10.5K	10.5K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-01-31	A	A	1,416	$0.00	41,276	D	—	—	(F2) The performance-based restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-based restricted stock units. (F1) Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2022, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan (the "Equity Plan") and vested upon achievement of performance goals for the applicable performance period.
2	Common	Common Stock	2023-01-31	F	D	439	$156.00	40,837	D	—	—
3	Derivative	Option (right to buy)	2023-01-31	A	A	10,487	$0.00	10,487	D	$156.00 · — to 2033-01-31	10,487 Common Stock	(F7) The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option. (F6) The option vests ratably on the first, second and third anniversary of the grant date.