M&T BANK CORP — Director's Dealing 2022

Feb 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2022-01-31

Reporting Person: Gold Richard S (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-31	Common Stock	A	2401	$0.00	Acquired	51293.944	Direct
2022-01-31	Common Stock	F	810	$169.38	Disposed	50483.944	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-31	Option (right to buy)	$169.38	A	10401	Acquired	2032-01-30	Common Stock (10401)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2.426	Direct

Footnotes

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

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 performance-based restricted stock units previously granted to the reporting person.

F4: Jointly owned.

F5: The option granted included a total of 10,401 shares. 3,467 of the shares are exercisable on or after January 31, 2023; an additional 3,467 shares are exercisable on or after January 31, 2024; and the remaining 3,467 shares are exercisable on or after January 31, 2025.

F6: The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.