0001209191-12-020132.txt : 20120327
0001209191-12-020132.hdr.sgml : 20120327
20120327182158
ACCESSION NUMBER: 0001209191-12-020132
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120323
FILED AS OF DATE: 20120327
DATE AS OF CHANGE: 20120327
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bojdak Robert J
CENTRAL INDEX KEY: 0001296804
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09861
FILM NUMBER: 12718210
MAIL ADDRESS:
STREET 1: ONE FOUNTAIN PLAZA
CITY: BUFFALO
STATE: NY
ZIP: 14203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: M&T BANK CORP
CENTRAL INDEX KEY: 0000036270
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 160968385
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O CORPORATE REPORTING
STREET 2: ONE M&T PLAZA 5TH FLOOR
CITY: BUFFALO
STATE: NY
ZIP: 14203
BUSINESS PHONE: 7168425390
MAIL ADDRESS:
STREET 1: C/O CORPORAE REPORTING
STREET 2: ONE M&T PLAZA 5TH FLR
CITY: BUFFALO
STATE: NY
ZIP: 14203
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST EMPIRE STATE CORP
DATE OF NAME CHANGE: 19920703
4
1
doc4.xml
FORM 4 SUBMISSION
X0305
4
2012-03-23
0
0000036270
M&T BANK CORP
MTB
0001296804
Bojdak Robert J
ONE FOUNTAIN PLAZA
BUFFALO
NY
14203-1495
0
1
0
0
Executive Vice President
Common Stock
2012-03-23
4
M
0
1000
80.72
A
23433.64
D
Common Stock
2012-03-23
4
F
0
941
85.86
D
22492.64
D
Common Stock
2012-03-23
4
A
0
103.03
0.00
A
22595.67
D
Common Stock
2012-03-23
4
F
0
46
85.86
D
22549.67
D
Common Stock
1871
I
401 (k) Plan
Option (right to buy)
80.72
2012-03-23
4
M
0
1000
0.00
D
2012-03-25
Common Stock
1000
0
D
Phantom Common Stock Units
Common Stock
626
I
Supplemental 401 (k) Plan
The reported transaction involved the automatic exercise of a stock option by M&T Bank Corporation pursuant to an Administrative Rule for Stock Award Grants approved by the Nomination, Compensation and Governance Committee of the Board of Directors of M&T Bank Corporation on November 16, 2010. Pursuant to this Administrative Rule, the reporting person's stock option that was set to expire on March 25, 2012 was automatically exercised on March 23, 2012, the last business day preceding the expiration date, and M&T Bank Corporation withheld an amount of M&T Bank Corporation common stock from the stock option having a fair market value equal to the sum of the exercise price and any amounts required to be withheld for tax purposes and issued the net shares to the reporting person.
The reported transaction involves an award of fully vested restricted stock issued under the M&T Bank Corporation 2009 Equity Incentive Compensation Plan and represents a portion of the reporting person's salary. The restricted stock will be subject to restrictions on transfer such that each executive may not sell, transfer or otherwise dispose of any of the shares received as stock salary until the earlier of (a) the date that M&T Bank Corporation repays Treasury's Capital Purchase Program investment made under the Troubled Asset Relief Program, or (b) January 1, 2014.
The restricted stock was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the restricted stock.
The information presented is as of February 29, 2012.
Currently exercisable.
The 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.
The 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 and distributed 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.
By: Brian R. Yoshida, Esq.
(Attorney-In-Fact)
2012-03-27