KUGLER ADAM C 4
4 · M&T BANK CORP · Filed Feb 4, 2008
Insider Transaction Report
Form 4
KUGLER ADAM C
Executive VP & Treasurer
Transactions
- Award
Common Stock
2008-01-31+2,876→ 36,085 total - Award
Option (right to buy)
2008-01-31+22,083→ 22,083 totalExercise: $91.28Exp: 2018-01-31→ Common Stock (22,083 underlying)
Holdings
- 620(indirect: See footnote)
Common Stock
- 1,000(indirect: See footnote)
Common Stock
Footnotes (7)
- [F1]The reported transaction involves an award of restricted stock under the M&T Bank Corporation 2005 Incentive Compensation Plan.
- [F2]The restricted stock award included a total of 2,876. 287 shares of the restricted stock award will vest on January 31, 2009; an additional 575 shares will vest on January 31, 2010; an additional 862 will vest on January 31, 2011; and the remaining 1,152 shares will vest on January 31, 2012.
- [F3]The restricted stock award was granted under the incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the shares.
- [F4]These shares are held in trust for the benefit of a child of the reporting person. The reporting person's spouse is a trustee of the trust.
- [F5]These shares are owned by a child of the reporting person under the Uniform Transfers to Minors Act for which the reporting person is custodian.
- [F6]The option granted includes a total of 22,083 shares. 2,208 of the covered shares are exercisable on or after January 31, 2009; an additional 4,416 of the covered shares are exercisable on or after January 31, 2010; an additional 6,625 of the covered shares are exercisable on or after January 31, 2011; and the remaining 8,834 covered shares are exercisable on or after January 31, 2012.
- [F7]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.