SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FOLEY DONALD E

(Last) (First) (Middle)
1100 NORTH MARKET STREET
RODNEY SQUARE NO.

(Street)
WILMINGTON DE 19890

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WILMINGTON TRUST CORP [ WL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
05/16/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/18/2011
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/16/2011 F(1) 8,881 D $4.45 14,637.447(2) D
Common Stock 05/16/2011 D(3) 14,637.447 D (3) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (4) 05/16/2011 D 7,687.472 (5) (5) Common Stock 7,687.472 (5) 0 D
Stock Units (4) 05/16/2011 D 6,174.767 (6) (6) Common Stock 6,174.767 (6) 0 D
Non-Statutory Stock Options(7) $43.7 05/16/2011 D 3,500 02/15/2010 02/10/2017 Common Stock 3,500 (8) 0 D
Non-Statutory Stock Option(7) $33.08 05/16/2011 D 5,000 02/14/2011 02/12/2018 Common Stock 5,000 (8) 0 D
Non-Statutory Stock Option(7) $10.63 05/16/2011 D 10,000 04/23/2012 04/22/2019 Common Stock 10,000 (8) 0 D
Non-Statutory Stock Option(7) $12.86 05/16/2011 D 10,000 02/18/2013 02/17/2020 Common Stock 10,000 (8) 0 D
Explanation of Responses:
1. Reporting person paid tax liability on the vesting of restricted stock by having shares withheld.
2. Includes 55.447 shares held by Wells Fargo, N.A. pursuant to dividend reinvestmetn plan of issuer as of August 16, 2010.
3. Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 751.9549 shares of M&T Bank Corporation common stock having a market value of $86.39 per share on the effective date of the merger.
4. One-for-one.
5. Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 394.92 phantom stock units of M&T Bank Corporation having a market value of $86.39 per unit on the effective date of the merger. These phantom stock units may be exercised only for cash and only following the termination of the reporting person's service as a director.
6. Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 317.21 stock units of M&T Bank Corporation having a market value of $86.39 per unit on the effective date of the merger. These stock units will be settled in shares of M&T Bank Corporation common stock following the termination of the reporting person's service as a director.
7. (Right to buy.)
8. This option was canceled pursuant to merger agreement between issuer and M&T Bank Corporation.
Gerard A. Chamberlain, Attorney-in-Fact Pursuant to Limited Power of Attorney 05/23/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.