SEC Form 4 · accession 0001209191-19-002066
M&T BANK CORP · MTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Sadler Jr.
Director
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 5:04 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 7, 2018 | J | 32,000 | $0.00 | D | 20,764 | D | |
| Common Stock | Jan 2, 2019 | A | 148 | $143.13 | A | 20,912 | D | |
| Common StockF3,F4 | Dec 11, 2018 | G | 1,538 | $0.00 | D | 24,619 | I | See footnote |
| Common StockF5 | Nov 7, 2018 | J | 32,000 | $0.00 | A | 32,000 | I | By GRAT #1 |
| Common Stock | holding | — | — | — | 32,993 | I | By Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 7, 2018, the reporting person contributed 32,000 shares of M&T Bank Corporation common stock to a Grantor Retained Annuity Trust ("GRAT #1") of which the reporting person is the trustee and his descendants are beneficiaries. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- F2This transaction represents stock received by the reporting person in lieu of cash fees pursuant to the M&T Bank Corporation 2008 Directors' Stock Plan.
- F3The reported transaction involved a transfer of securities by gift for which no payment of consideration was received by the reporting person.
- F4The indicated shares are held by the Sadler Family Foundation, a charitable trust in which the reporting person has no pecuniary interest. The reporting person is a trustee of the Sadler Family Foundation and holds voting and dispositive power over the shares held by it.
- F5The indicated shares are held by a Grantor Retained Annuity Trust ("GRAT #1") of which the reporting person is trustee and of which the reporting person and his descendants are beneficiaries. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.