M&T BANK CORP — Director's Dealing 2014

Feb 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2014-02-10

Reporting Person: BRAUNSCHEIDEL STEPHEN J (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-10	Common Stock	S	7000	$112.5009	Disposed	1091	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16493.06	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Common Stock Units	$		Common Stock ()	1321	Indirect

Footnotes

F1: Jointly owned.

F2: Includes 265 shares acquired between January 1, 2014 and February 10, 2014 through participation in the M&T Bank Corporation Retirement Savings Plan.

F3: The information presented is as of February 10, 2014.

F4: The reported phantom common stock units are held by the reporting person in an excess benefit plan account maintained by M&T Bank Corporation and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units may only be settled in cash upon distribution in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.

F5: The information presented is as of December 31, 2013.