SEC Form 4 · accession 0001209191-15-082215
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard S Gold
Officer — Executive Vice President
Period of report
Nov 23, 2015
Accepted (ET)
Nov 25, 2015 · 3:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 23, 2015 | M | 918 | $108.93 | A | 41,311 | D | |
| Common StockF1 | Nov 23, 2015 | S | 918 | $125.4976 | D | 40,393 | D | |
| Common StockF2,F3 | holding | — | — | — | 2 | D | ||
| Common StockF4 | holding | — | — | — | 17 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F6,F5 | $108.93 | Nov 23, 2015 | M | 918 | D | — | Jan 18, 2016 | Common Stock | 918 | 12,225 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $125.492 to $125.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Includes 0.034 of a share which was acquired between January 1, 2015 and September 30, 2015 through participation in the M&T Bank Corporation Dividend Reinvestment Plan.
- F3Jointly owned.
- F4These shares are owned by the son of the reporting person under the Uniform Transfers to Minors Act for which the reporting person is custodian.
- F5Currently exercisable.
- F6The option was granted under an employee stock option plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option.