M&T BANK CORP — Director's Dealing 2019

Nov 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2019-11-05

Reporting Person: SALAMONE DENIS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-05	Common Stock	M	15755	$156.14	Acquired	90293	Direct
2019-11-05	Common Stock	S	15755	$167.5037	Disposed	74538	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-05	Option (right to buy)	$156.14	M	15755	Disposed	2020-01-18	Common Stock (15755)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7917	Indirect
Common Stock	5000	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $167.13 to $167.505. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The indicated shares are held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.

F3: Currently exercisable.

F4: The option was granted under an employee stock option plan maintained by Hudson City Bancorp, Inc. ("Hudson City") and was converted into a stock option to acquire M&T Bank Corporation ("M&T") common stock pursuant to the Agreement and Plan of Merger by M&T and Hudson City. The reporting person paid no price for the option.