0001209191-17-007178.txt : 20170202 0001209191-17-007178.hdr.sgml : 20170202 20170202171113 ACCESSION NUMBER: 0001209191-17-007178 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170131 FILED AS OF DATE: 20170202 DATE AS OF CHANGE: 20170202 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 CORPORATE 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: King Darren J CENTRAL INDEX KEY: 0001490376 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09861 FILM NUMBER: 17569252 MAIL ADDRESS: STREET 1: ONE M&T PLAZA CITY: BUFFALO STATE: NY ZIP: 14203 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-01-31 0 0000036270 M&T BANK CORP MTB 0001490376 King Darren J ONE M&T PLAZA BUFFALO NY 14203 0 1 0 0 E.V.P./Chief Financial Officer Common Stock 2017-01-31 4 M 0 824 121.31 A 34165.39 D Common Stock 2017-01-31 4 F 0 615 162.57 D 33550.39 D Common Stock 2017-01-31 4 A 0 1794 0.00 A 35344.39 D Common Stock 2017-01-31 4 F 0 672 162.57 D 34672.39 D Common Stock 2017-02-01 4 M 0 9145 121.31 A 43817.39 D Common Stock 2017-02-01 4 F 0 8018 162.72 D 35799.39 D Common Stock 230 I By Son Common Stock 230 I By Daughter Common Stock 230 I By Daughter Common Stock 2084 I By 401(k) Plan Option (right to buy) 121.31 2017-01-31 4 M 0 824 0.00 D 2017-01-31 Common Stock 824 0 D Option (right to buy) 121.31 2017-02-01 4 M 0 9145 0.00 D 2017-02-01 Common Stock 9145 0 D Phantom Common Stock Units Common Stock 125 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, as amended. Pursuant to this Administrative Rule, the reporting person's stock option that was set to expire on January 31, 2017 was automatically exercised on January 31, 2017, 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. Shares issued pursuant to vesting of performance-based restricted stock units that were granted to the reporting person on January 31, 2014, upon achievement of performance goals under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan. The performance-based restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the performance-based restricted stock units. Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person. 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, as amended. Pursuant to this Administrative Rule, the reporting person's stock option that was set to expire on February 1, 2017 was automatically exercised on February 1, 2017, 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. These 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. These 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. The information presented is as of December 30, 2016. 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 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. By: Karla L. Harlow, Esq. (Attorney-In-Fact) 2017-02-02