0001209191-21-006943.txt : 20210202 0001209191-21-006943.hdr.sgml : 20210202 20210202184823 ACCESSION NUMBER: 0001209191-21-006943 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210129 FILED AS OF DATE: 20210202 DATE AS OF CHANGE: 20210202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PEARSON KEVIN J CENTRAL INDEX KEY: 0001245781 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09861 FILM NUMBER: 21583308 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: M&T BANK CORP CENTRAL INDEX KEY: 0000036270 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 160968385 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: C/O CORPORATE REPORTING STREET 2: ONE M&T PLAZA 5TH FLOOR CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168425390 MAIL ADDRESS: STREET 1: C/O CORPORATE REPORTING STREET 2: ONE M&T PLAZA 5TH FLR CITY: BUFFALO STATE: NY ZIP: 14203 FORMER COMPANY: FORMER CONFORMED NAME: FIRST EMPIRE STATE CORP DATE OF NAME CHANGE: 19920703 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-01-29 0 0000036270 M&T BANK CORP MTB 0001245781 PEARSON KEVIN J ONE LIGHT STREET BALTIMORE MD 21202 1 1 0 0 Vice Chairman Common Stock 2020-09-01 5 J 0 E 9500 0.00 D 32287 D Common Stock 2021-01-29 4 A 0 4367 0.00 A 36654 D Common Stock 2021-01-29 4 F 0 1353 132.47 D 35301 D Common Stock 2020-09-01 5 J 0 E 9500 0.00 A 9500 I By 2020 GRAT Common Stock 2971 I By 401(k) Plan Option (right to buy) 132.47 2021-01-29 4 A 0 15087 0.00 A 2031-01-29 Common Stock 15087 15087 D Phantom Common Stock Units Common Stock 3194 I Supplemental 401 (k) Plan On September 1, 2020, the reporting person contributed 9,500 shares of M&T Bank Corporation common stock to a Grantor Retained Annuity Trust ("2020 GRAT") of which the reporting person is the trustee. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by the 2020 GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein. 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. 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. Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person. The indicated shares are held by a Grantor Retained Annuity Trust ("2020 GRAT") of which the reporting person is trustee. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the 2020 GRAT but disclaims beneficial ownership except to the extent of his pecuniary interest therein. The information presented is as of December 31, 2020. The option granted includes a total of 15,087 shares. 5,029 of the shares are exercisable on or after January 29, 2022; an additional 5,029 of the shares are exercisable on or after January 29, 2023; and the remaining 5,029 shares are exercisable on or after January 29, 2024. 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. The reported phantom common stock units are held by the reporting person in an excess benefit plan account maintained by M&T Bank Corporation and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units may only be settled 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. By: Stephen T. Wilson, Esq. (Attorney-In-Fact) 2021-02-02