M&T BANK CORP 4
4 · M&T BANK CORP · Filed Feb 2, 2007
Insider Transaction Report
Form 4
Ford Gregory L
Executive Vice President
Transactions
- Award
Option (right to buy)
2007-01-31+13,642→ 13,642 totalExercise: $121.31Exp: 2017-01-31→ Common Stock (13,642 underlying)
Holdings
- 4,880
Common Stock
- 4(indirect: By 401(k))
Phatom Common Stock Units
→ Common Stock - 2,272(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The information presented is as of December 31, 2006.
- [F2]The option granted includes a total of 13,642 shares. 1,364 of the covered shares are exercisable on or after January 31, 2008; an additional 2,728 of the covered shares are exercisable on or after January 31, 2009; an additional 4,093 of the covered shares are exercisable on or after January 31, 2010; and the remaining 5,457 covered shares are exercisable on or after January 31, 2011.
- [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.