SEC Form 4 · accession 0001209191-16-150234
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michele D Trolli
Officer — Exec. VP & Chief Info. Officer
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 5:30 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 11, 2016 | M | 21,861 | $121.31 | A | 33,540 | D | |
| Common Stock | Nov 11, 2016 | M | 20,000 | $91.28 | A | 53,540 | D | |
| Common StockF1 | Nov 11, 2016 | S | 41,861 | $134.012 | D | 11,679 | D |
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)F3,F2 | $121.31 | Nov 11, 2016 | M | 21,861 | D | — | Jan 31, 2017 | Common Stock | 21,861 | 0 | D |
| Option (right to buy)F3,F2 | $91.28 | Nov 11, 2016 | M | 20,000 | D | — | Jan 31, 2018 | Common Stock | 20,000 | 19,433 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $134.00 to $134.04. 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.
- F2Currently exercisable.
- F3The 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.