4//SEC Filing
Beardi James J 4
Accession 0001209191-11-006180
CIK 0000036270other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 7:57 PM ET
Size
11.6 KB
Accession
0001209191-11-006180
Insider Transaction Report
Form 4
Beardi James J
Executive Vice President
Transactions
- Award
Common Stock
2011-01-31+1,851→ 22,578.96 total - Award
Common Stock
2011-01-28+95.76→ 21,526.96 total - Tax Payment
Common Stock
2011-01-28$86.35/sh−799$68,994→ 20,727.96 total
Holdings
- 50,000(indirect: GRAT #1)
Common Stock
Footnotes (7)
- [F1]The reported transaction involves an award of fully vested restricted stock issued under the M&T Bank Corporation 2009 Equity Incentive Compensation Plan. The stock represents a portion of the reporting person's salary and may be subject to restrictions on transfer. For more information, please see the Current Report on Form 8-K filed by M&T Bank Corporation on January 25, 2010.
- [F2]The restricted stock was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the restricted stock.
- [F3]The reported transaction includes shares withheld for taxes upon the settlement in shares of restricted stock units previously granted to the reporting person and also includes shares withheld for taxes in connection with the filer's stock salary award.
- [F4]The reported transaction involves an award of restricted stock units under the M&T Bank Corporation 2009 Equity Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.
- [F5]The restricted stock unit award includes a total of 1,851 shares. 555 shares of the restricted stock unit award will vest on January 31, 2013; an additional 555 shares will vest on January 31, 2014; and the remaining 741 shares will vest on January 30, 2015. The restricted stock unit award may also be subject to restrictions on transfer upon settlement. For more information on these restrictions, please see the Current Report on Form 8-K filed by M&T Bank Corporation on January 25, 2011.
- [F6]The restricted stock units were granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the restricted stock units.
- [F7]The indicated shares are held by a Grantor Retained Annuity Trust ("GRAT #1") of which the reporting person is the trustee and his descendants are beneficiaries. The reporting person continues to report the beneficial ownership of all of the M&T Bank Corporation common stock held by GRAT #1 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Documents
Issuer
M&T BANK CORP
CIK 0000036270
Entity typeother
Related Parties
1- filerCIK 0001350169
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 7:57 PM ET
- Size
- 11.6 KB