SEC Form 4 · accession 0001209191-16-143385
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard G King
Director
Period of report
Sep 23, 2016
Accepted (ET)
Sep 30, 2016 · 5:50 pm EDT
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 | holding | — | — | — | 3,750 | D | ||
| Common StockF1 | holding | — | — | — | 16,448 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3,F2 | — | holding | — | — | — | — | — | Common Stock | — | 3,509 | D |
Explanation of responses
- F1On August 16, 2016, the reporting person transferred 16,448 shares into the name of his revocable trust.
- F2The reported phantom stock units resulted from the conversion of existing phantom stock units received by the reporting person under a director fee plan maintained by Keystone Financial, Inc., which was acquired by M&T Bank Corporation on October 6, 2000, and represent a like number of shares of M&T Bank Corporation common stock. The phantom stock units may be settled in shares of M&T Bank Corporation common stock or cash upon a distribution in accordance with the terms of the plan. The reported phantom stock units also include units acquired through the reporting person's participation in the dividend reinvestment feature of the plan.
- F3The information reported is as of June 30, 2016.
Remarks
This filing is being made to reflect the termination of the reporting person's status as an insider of M&T Bank Corporation on September 23, 2016, at which time the reporting person passed away. Unless otherwise indicated, the reporting person's holdings are as of such date.