COEN STEVEN M 4
4 · M&T BANK CORP · Filed Jan 22, 2004
Insider Transaction Report
Form 4
Cohen Steven M
Exec. VP & Chief Inf. Officer
Transactions
- Award
Option (right to buy)
2004-01-20+20,000→ 20,000 totalExercise: $91.75Exp: 2014-01-20→ Common Stock (20,000 underlying)
Holdings
- 7,951
Common Stock
- 207(indirect: By 401(k))
Phantom Common Stock Units
→ Common Stock
Footnotes (4)
- [F1]The option granted includes a total of 20,000 shares. 2,000 of the covered shares are exercisable on or after January 20, 2005; an additional 4,000 of the covered shares are exercisable on or after January 20, 2006; an additional 6,000 of the covered shares are exercisable on or after January 20, 2007; and the remaining 8,000 covered shares are exercisable on or after January 20, 2008.
- [F2]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.
- [F3]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.
- [F4]The information presented is as of September 30, 2003.