M&T BANK CORP 4
4 · M&T BANK CORP · Filed Feb 2, 2017
Insider Transaction Report
Form 4
Siddique Sabeth
Chief of Reg. Affairs
Transactions
- Award
Common Stock
2017-01-31+599→ 4,776 total - Tax Payment
Common Stock
2017-01-31$162.57/sh−222$36,091→ 4,554 total
Holdings
- 133(indirect: By 401(k))
Common Stock
- 99(indirect: By 401(k))
Phantom Common Stock Units
→ Common Stock
Footnotes (5)
- [F1]Shares issued pursuant to vesting of performance-based restricted stock units that were granted to the reporting person on January 31, 2014, upon achievement of performance goals under the 2009 M&T Bank Corporation Equity Incentive Compensation Plan.
- [F2]The performance-based 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 performance-based restricted stock units.
- [F3]Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
- [F4]The information presented is as of December 30, 2016.
- [F5]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.