Form 4 for MTB M&T Bank

Accepted 2024-02-02 00:00:00 ET · period of report 2024-01-31 · accession 0001209191-24-002669 · 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	2024-02-02	2024-01-31	MTB	King Darren J	Sr. EVP	A - Grant	$0.00	+2,536	55.4K	+5%	$0
D	2024-02-02	2024-01-31	MTB	King Darren J	Sr. EVP	F - Tax	$138.10	-916	54.5K	-2%	-$126.5K
D	2024-02-02	2024-01-31	MTB	King Darren J	Sr. EVP	A - Grant	$0.00	+7,718	7,718	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	2024-01-31	A	A	2,536	$0.00	55,378.39	D	—	—	(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 (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.
2	Common	Common Stock	2024-01-31	F	D	916	$138.10	54,462.39	D	—	—
3	Derivative	Option (right to buy)	2024-01-31	A	A	7,718	$0.00	7,718	D	$138.10 · — to 2034-01-31	7,718 Common Stock	(F7) The option was granted under the 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.