Farrell William J II 4
4 · M&T BANK CORP · Filed Feb 2, 2021
Insider Transaction Report
Form 4
Farrell William J II
Executive Vice President
Transactions
- Award
Option (right to buy)
2021-01-29+3,524→ 3,524 totalExercise: $132.47Exp: 2031-01-29→ Common Stock (3,524 underlying) - Award
Common Stock
2021-01-29+1,229→ 13,362.86 total - Tax Payment
Common Stock
2021-01-29$132.47/sh−368$48,749→ 12,994.86 total
Footnotes (5)
- [F1]Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2018 and on January 31, 2019, respectively, 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]The option granted includes a total of 3,524 shares. 1,174 of the shares are exercisable on or after January 29, 2022; an additional 1,175 of the shares are exercisable on or after January 29, 2023; and the remaining 1,175 shares are exercisable on or after January 29, 2024.
- [F5]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.