SEC Form 4 · accession 0001209191-15-085615
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Spychala
Officer — Sr. VP & Controller
Period of report
Dec 15, 2015
Accepted (ET)
Dec 16, 2015 · 6:01 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 | Dec 15, 2015 | M | 8,008 | $108.93 | A | 44,627 | D | |
| Common Stock | Dec 15, 2015 | F | 804 | $124.26 | D | 43,823 | D | |
| Common StockF1 | Dec 15, 2015 | S | 7,090 | $124.5878 | D | 36,733 | D | |
| Common StockF2,F3 | holding | — | — | — | 1,907 | I | By Son | |
| Common StockF4 | holding | — | — | — | 1,303 | I | 401(k) Plan |
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 | Dec 15, 2015 | M | 8,008 | D | — | Jan 18, 2016 | Common Stock | 8,008 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $124.50 to $124.72. 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 31.82093 shares acquired between January 1, 2015 and September 30, 2015 through participation in the issuer's transfer agent's Direct Stock Purchase and Dividend Reinvestment Plan.
- F3These shares are owned by the son of the reporting person.
- F4The information presented is as of September 30, 2015.
- 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.