KAY CHRISTOPHER E 4
4 · M&T BANK CORP · Filed Feb 2, 2024
Insider Transaction Report
Form 4
Kay Christopher E.
Sr. Executive Vice President
Transactions
- Award
Common Stock
2024-01-31+2,028→ 11,132 total - Tax Payment
Common Stock
2024-01-31$138.10/sh−732$101,089→ 10,400 total - Award
Option (right to buy)
2024-01-31+5,262→ 5,262 totalExercise: $138.10Exp: 2034-01-31→ Common Stock (5,262 underlying)
Footnotes (5)
- [F1]Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2022 and January 31, 2023, under the 2019 M&T Bank Corporation Equity Incentive Compensation Plan (the "Plan") and vested upon achievement of performance goals for the applicable performance periods.
- [F2]The performance-based restricted stock units were granted under the Plan, 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 the performance-based restricted stock units previously granted to the reporting person.
- [F4]The option vests ratably on the first, second and third anniversary of the grant date.
- [F5]The option was granted under the Plan, and therefore the reporting person paid no price for the option.