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M&T BANK CORP Director's Dealing 2020

Feb 4, 2020

30142_dirs_2020-02-04_3e180ace-b592-4545-a6b6-26e76f626d43.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2020-01-31

Reporting Person: Warman D Scott N (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-31 Common Stock A 2197 $0.00 Acquired 17971.97 Direct
2020-01-31 Common Stock F 769 $168.52 Disposed 17202.97 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6233 Indirect
Common Stock 750.09 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Common Stock Units $ Common Stock () 3810 Indirect

Footnotes

F1: Shares issued pursuant to vesting of performance-based restricted stock units that were granted to the reporting person on January 31, 2017, January 31, 2018 and on January 31, 2019, upon achievement of performance goals under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan.

F2: The performance-based restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the performance-based restricted stock units.

F3: Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.

F4: The information presented is as of December 31, 2019.

F5: Includes 18.558 shares acquired between January 1, 2019 and December 31, 2019 through the reporting person's participation in a dividend reinvestment plan meeting the requirements of Rule 16a-11.

F6: 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.