SEC Form 4 · accession 0001209191-18-049848
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denis J Salamone
Director
Period of report
Sep 5, 2018
Accepted (ET)
Sep 6, 2018 · 4:44 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 | Sep 5, 2018 | M | 25,209 | $143.17 | A | 119,085 | D | |
| Common StockF1 | Sep 5, 2018 | S | 25,209 | $179.7594 | D | 93,876 | D | |
| Common Stock | holding | — | — | — | 7,917 | I | By IRA | |
| Common StockF2 | holding | — | — | — | 5,000 | I | By Family Foundation |
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)F4,F3 | $143.17 | Sep 5, 2018 | M | 25,209 | D | — | Jan 22, 2019 | Common Stock | 25,209 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $179.46 to $180.05. 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.
- F2The indicated shares are held by the Salamone Family Foundation, a nonprofit corporation in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Salamone Family Foundation and holds voting and dispositive power over the shares held by it.
- F3Currently exercisable.
- F4The option was granted under an employee stock option plan maintained by Hudson City Bancorp, Inc. ("Hudson City") and was converted into a stock option to acquire M&T Bank Corporation ("M&T") common stock pursuant to the Agreement and Plan of Merger by M&T and Hudson City. The reporting person paid no price for the option.