SEC Form 4 · accession 0001209191-16-147700
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
Oct 31, 2016
Accepted (ET)
Nov 1, 2016 · 5:52 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 | Oct 31, 2016 | M | 7,249 | $91.28 | A | 49,899 | D | |
| Common Stock | Oct 31, 2016 | S | 7,249 | $123.00 | D | 42,650 | D | |
| Common StockF2 | holding | — | — | — | 2 | D | ||
| Common StockF3 | 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)F5,F4 | $91.28 | Oct 31, 2016 | M | 7,249 | D | — | Jan 31, 2018 | Common Stock | 7,249 | 0 | D |
Explanation of responses
- F1The reported transaction involved the exercise of stock options and the sale of shares pursuant to a pre-authorized trading plan meeting the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934, as amended.
- F2Jointly owned.
- F3These shares are owned by the son of the reporting person under the Uniform Transfers to Minors Act for which the reporting person is custodian.
- F4Currently exercisable.
- F5The 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.