SEC Form 4 · accession 0001209191-17-048118
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
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 5:15 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 | Aug 4, 2017 | M | 8,908 | $91.28 | A | 23,091 | D | |
| Common StockF1 | Aug 4, 2017 | S | 8,908 | $164.2514 | D | 14,183 | 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 | $91.28 | Aug 4, 2017 | M | 8,908 | D | — | Jan 31, 2018 | Common Stock | 8,908 | 10,525 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $164.03 to $164.48. 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.