0001209191-14-004344.txt : 20140122
0001209191-14-004344.hdr.sgml : 20140122
20140122172610
ACCESSION NUMBER: 0001209191-14-004344
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140117
FILED AS OF DATE: 20140122
DATE AS OF CHANGE: 20140122
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
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: 14541001
MAIL ADDRESS:
STREET 1: ONE FOUNTAIN PLAZA
CITY: BUFFALO
STATE: NY
ZIP: 14203
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-01-17
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
2014-01-17
4
M
0
1089
91.75
A
28123.18
D
Common Stock
2014-01-17
4
F
0
893
111.99
D
27230.18
D
Common Stock
2014-01-21
4
M
0
9594
101.80
A
36824.18
D
Common Stock
2014-01-21
4
M
0
22249
91.28
A
59073.18
D
Common Stock
2014-01-21
4
S
0
31843
111.0978
D
27230.18
D
Common Stock
2164
I
401 (k) Plan
Option (right to buy)
91.75
2014-01-17
4
M
0
1089
0.00
D
2014-01-20
Common Stock
1089
0
D
Option (right to buy)
101.80
2014-01-21
4
M
0
9594
0.00
D
2015-01-18
Common Stock
9594
982
D
Option (right to buy)
91.28
2014-01-21
4
M
0
22249
0.00
D
2018-01-31
Common Stock
22249
1095
D
Phantom Common Stock Units
Common Stock
795
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 January 20, 2014 was automatically exercised on January 17, 2014, 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.
This transaction was executed in multiple trades at prices ranging from $110.11 to $112.46. 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.
The information presented is as of December 31, 2013.
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)
2014-01-22