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