Home/Filings/4/0001209191-24-002669
4//SEC Filing

King Darren J 4

Accession 0001209191-24-002669

CIK 0000036270other

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 4:45 PM ET

Size

14.8 KB

Accession

0001209191-24-002669

Insider Transaction Report

Form 4
Period: 2024-01-31
King Darren J
Executive Vice President
Transactions
  • Award

    Common Stock

    2024-01-31+2,53655,378.39 total
  • Award

    Option (right to buy)

    2024-01-31+7,7187,718 total
    Exercise: $138.10Exp: 2034-01-31Common Stock (7,718 underlying)
  • Tax Payment

    Common Stock

    2024-01-31$138.10/sh916$126,50054,462.39 total
Holdings
  • Common Stock

    (indirect: By Son)
    1,450
  • Common Stock

    (indirect: By Daughter)
    1,450
  • Common Stock

    (indirect: By 401(k))
    1,162
  • Common Stock

    (indirect: By Daughter)
    1,450
  • Phantom Common Stock Units

    (indirect: By 401(k))
    Common Stock
    161
Footnotes (8)
  • [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 performance-based restricted stock units previously granted to the reporting person.
  • [F4]These shares are owned by the son of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian.
  • [F5]The information presented is as of December 31, 2023.
  • [F6]The option vests ratably on the first, second and third anniversary of the grant date.
  • [F7]The option was granted under the Plan, and therefore the reporting person paid no price for the option.
  • [F8]The reported phantom common stock units are held by the reporting person in a plan account maintained by M&T Bank Corporation under the M&T Bank Corporation Leadership Retirement Savings Plan and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units are payable in cash and distributed in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.

Issuer

M&T BANK CORP

CIK 0000036270

Entity typeother

Related Parties

1
  • filerCIK 0001490376

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:45 PM ET
Size
14.8 KB