M&T BANK CORP — Director's Dealing 2014

Dec 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2014-12-11

Reporting Person: HICKEY BRIAN E (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-10	Common Stock	G	780	$0.00	Disposed	26336.55	Direct
2014-12-11	Common Stock	M	824	$121.31	Acquired	27160.55	Direct
2014-12-11	Common Stock	F	806	$123.98	Disposed	26354.55	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-11	Option (right to buy)	$121.31	M	824	Disposed	2017-01-31	Common Stock (824)	Direct

Footnotes

F1: The reported transaction involves a transfer of securities by gift for which no payment of consideration was received by the reporting person.

F2: Currently exercisable.

F3: The option was granted under an employee stock option plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.