Ford Gregory L 4
4 · M&T BANK CORP · Filed Jan 19, 2006
Insider Transaction Report
Form 4
Ford Gregory L
Executive Vice President
Transactions
- Award
Option (right to buy)
2006-01-17+13,880→ 13,880 totalExercise: $108.93Exp: 2016-01-17→ Common Stock (13,880 underlying)
Holdings
- 4,880
Common Stock
- 2,118(indirect: By 401(k))
Common Stock
- 4(indirect: By 401(k))
Phatom Common Stock Units
→ Common Stock
Footnotes (4)
- [F1]The information presented is as of January 17, 2006.
- [F2]The option granted includes a total of 13,880 shares. 1,388 of the covered shares are exercisable on or after January 17, 2007; an additional 2,776 of the covered shares are exercisable on or after January 17, 2008; an additional 4,164 of the covered shares are exercisable on or after January 17, 2009; and the remaining 5,552 covered shares are exercisable on or after January 17, 2010.
- [F3]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.
- [F4]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.