M&T BANK CORP — Director's Dealing 2022

Aug 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2022-08-09

Reporting Person: WALTERS KIRK W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-09	Common Stock	M	19545	$109.67	Acquired	27250	Direct
2022-08-09	Common Stock	S	19545	$180.00	Disposed	7705	Direct
2022-08-09	Common Stock	S	1571	$180.00	Disposed	6134	Direct
2022-08-09	Common Stock	S	606	$180.00	Disposed	4688	Indirect
2022-08-09	Common Stock	S	1006	$180.00	Disposed	30091	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-09	Option (right to buy)	$109.67	M	19545	Disposed	2023-02-21	Common Stock (19545)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8	Indirect
Common Stock	3	Indirect
Series H Perpetual Non-Cumulative Preferred Stock	40000	Indirect

Footnotes

F1: Includes 1,098 shares previously owned indirectly through People's United Bank 401(k) Plan and 473 shares previously owned indirectly through People's United Financial Inc. ("People's United") Employee Stock Ownership Plan ("ESOP").

F2: The information presented is as of July 13, 2022 and includes shares acquired through the dividend reinvestment feature of the plan.

F3: Shares allocated for the benefit of the reporting person under the People's United ESOP. This holding reflects shares that were acquired through the dividend reinvestment feature of the plan.

F4: Currently exercisable.

F5: The option was granted under an employee stock option plan maintained by People's United 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, Bridge Merger Corp and People's United. The reporting person paid no price for the option.