SHEETZ STEPHEN G 4
4 · M&T BANK CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
SHEETZ STEPHEN G
Director
Transactions
- Exercise/Conversion
Common Stock
2005-12-30+235→ 19,565 total - Exercise/Conversion
Phantom Stock Units
2005-12-30−235→ 740 totalFrom: 2005-12-30Exp: 2005-12-30→ Common Stock (235 underlying) - Award
Common Stock
2006-01-03$109.05/sh+91$9,924→ 19,656 total
Footnotes (4)
- [F1]The reported transaction represents the settlement, for stock, of phantom stock units under a director fee plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the stock. Also see footnote 3.
- [F2]Stock received in lieu of cash fees pursuant to the M&T Bank Corporation Directors' Stock Plan.
- [F3]The reported phantom stock units resulted from the conversion of existing phantom stock units received by the reporting person under a director fee plan maintained by Keystone Financial, Inc., which was acquired by M&T Bank Corporation on October 6, 2000, and represent a like number of shares of M&T Bank Corporation common stock. The phantom stock units may be settled in shares of M&T Bank Corporation common stock or cash upon a distribution in accordance with the terms of the plan. The reported phantom stock units also include units acquired through the reporting person's participation in the dividend reinvestment feature of the plan.
- [F4]The information reported is as of December 31, 2005.