SEC Form 4 · accession 0001209191-17-063580
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren J King
Officer — E.V.P./Chief Financial Officer
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 4:43 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 StockF1 | Nov 16, 2017 | G | 468 | $0.00 | D | 35,331 | D | |
| Common Stock | Nov 30, 2017 | M | 2,570 | $38.91 | A | 37,901 | D | |
| Common Stock | Nov 30, 2017 | F | 591 | $168.95 | D | 37,310 | D | |
| Common StockF2,F3 | Nov 16, 2017 | G | 156 | $0.00 | A | 386 | I | By Son |
| Common StockF2,F4 | Nov 16, 2017 | G | 156 | $0.00 | A | 386 | I | By Daughter |
| Common StockF2,F4 | Nov 16, 2017 | G | 156 | $0.00 | A | 386 | I | By Daughter |
| Common StockF5 | holding | — | — | — | 2,190 | I | By 401(k) Plan |
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)F7,F6 | $38.91 | Nov 30, 2017 | M | 2,570 | D | — | Jan 30, 2019 | Common Stock | 2,570 | 17,082 | D |
| Phantom Common Stock UnitsF5,F8 | — | holding | — | — | — | — | — | Common Stock | — | 133 | I |
Explanation of responses
- F1The reported transaction involves a transfer of securities by gift for which no payment of consideration was received by the reporting person.
- F2The reported transaction involves a transfer of securities by gift for which no consideration was paid.
- 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.
- F4These shares are owned by the daughter of the reporting person through a custodial account under the Uniform Transfers to Minors Act for which the reporting person is custodian.
- F5The information presented is as of September 30, 2017.
- F6Currently exercisable.
- F7The 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.
- F8The 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.