SEC Form 4 · accession 0001209191-16-151256
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L DAngelo
Officer — Sr. VP & General Auditor
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 5:00 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 16, 2016 | M | 2,974 | $121.31 | A | 5,093 | D | |
| Common Stock | Nov 16, 2016 | S | 2,974 | $136.94 | D | 2,119 | 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)F2,F1 | $121.31 | Nov 16, 2016 | M | 2,974 | D | — | Jan 31, 2017 | Common Stock | 2,974 | 0 | D |
| Phantom Common Stock UnitsF4,F3 | — | holding | — | — | — | — | — | Common Stock | — | 697 | I |
Explanation of responses
- F1Currently exercisable.
- F2The 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.
- F3The reported phantom common stock units are held by the reporting person in an excess benefit plan account maintained by M&T Bank Corporation and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units may only be settled in cash upon distribution in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan.
- F4The information presented is as of September 30, 2016.