SEC Form 4 · accession 0001209191-17-065182
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Spychala
Officer — Sr. VP & Controller
Period of report
Dec 8, 2017
Accepted (ET)
Dec 12, 2017 · 4:08 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 | Dec 8, 2017 | M | 14,512 | $91.28 | A | 51,622 | D | |
| Common Stock | Dec 8, 2017 | F | 582 | $171.72 | D | 51,040 | D | |
| Common StockF1 | Dec 8, 2017 | S | 13,417 | $170.9242 | D | 37,623 | D | |
| Common StockF2 | Dec 12, 2017 | S | 6,935 | $172.7316 | D | 30,688 | D | |
| Common StockF3 | holding | — | — | — | 1,360 | I | 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)F5,F4 | $91.28 | Dec 8, 2017 | M | 14,512 | D | — | Jan 31, 2018 | Common Stock | 14,512 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $170.82 to $171.27. 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.
- F2This transaction was executed in multiple trades at prices ranging from $172.7301 to $172.76. 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.
- F3The information presented is as of September 30, 2017.
- 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.