SADLER ROBERT E JR 4
4 · M&T BANK CORP · Filed May 4, 2021
Insider Transaction Report
Form 4
SADLER ROBERT E JR
Director
Transactions
- Award
Common Stock
2021-04-30+761→ 40,238 total
Holdings
- 32,993(indirect: By Spouse)
Common Stock
- 20,706(indirect: See footnote)
Common Stock
- 6,407(indirect: By GRAT #1)
Common Stock
Footnotes (4)
- [F1]This transaction represents a stock award received by the reporting person pursuant to the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the M&T Bank Corporation Board of Directors.
- [F2]The stock award was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the award.
- [F3]The indicated shares are held by the Sadler Family Foundation, a charitable trust in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Sadler Family Foundation and holds voting and dispositive power over the shares held by it.
- [F4]The indicated shares are held by a Grantor Retained Annuity Trust ("GRAT #1") of which the reporting person is trustee and of which the reporting person and his descendants are beneficiaries. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.