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M&T BANK CORP Director's Dealing 2022

Feb 16, 2022

30142_dirs_2022-02-15_96bd796f-2c2a-4ff0-8c46-dd43f07df95d.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: 2022-02-11

Reporting Person: Todaro Michael J. (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-11 Common Stock A 843 $0.00 Acquired 5046 Direct
2022-02-11 Common Stock F 329 $182.30 Disposed 4717 Direct

Footnotes

F1: Shares issued pursuant to performance-vested stock units (including 77 shares issued for related dividend equivalent units) that were granted to the reporting person on January 31, 2019 under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan and were earned based on achievement against pre-established performance criteria for the three-year performance period ended December 31, 2021, as determined by the Company's Nomination, Compensation and Governance Committee on February 11, 2022.

F2: The performance-vested 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-vested stock units.

F3: Shares withheld for taxes upon the settlement in shares of performance-vested stock units.