M&T BANK CORP — Director's Dealing 2020

Feb 4, 2020

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: Gold Richard S (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-22	Common Stock	G	300	$0.00	Disposed	38635.713	Direct
2020-01-31	Common Stock	A	6507	$0.00	Acquired	45142.713	Direct
2020-01-31	Common Stock	F	2219	$168.52	Disposed	42923.713	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2.259	Direct
Common Stock	17	Indirect

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: 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 January 31, 2019, upon achievement of performance goals under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan.

F3: 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.

F4: Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.

F5: Includes 0.015 of a share which was acquired between October 1, 2019 and December 31, 2019 through participation in the M&T Bank Corporation Dividend Reinvestment Plan.

F6: Jointly owned.

F7: These shares are owned by the son of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian.