SEC Form 4 · accession 0001209191-16-149862
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 9, 2016
Accepted (ET)
Nov 14, 2016 · 5:54 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 9, 2016 | M | 12,942 | $121.31 | A | 55,592 | D | |
| Common Stock | Nov 9, 2016 | F | 759 | $131.54 | D | 54,833 | D | |
| Common StockF1 | Nov 9, 2016 | S | 12,118 | $129.9428 | D | 42,715 | 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 | $121.31 | Nov 9, 2016 | M | 12,942 | D | — | Jan 31, 2017 | Common Stock | 12,942 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $129.89 to $130.08. 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.
- F2Jointly owned.
- F3These shares are owned by the son of the reporting person through a custodial account 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.