0000028412-14-000080.txt : 20140227
0000028412-14-000080.hdr.sgml : 20140227
20140227180209
ACCESSION NUMBER: 0000028412-14-000080
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140225
FILED AS OF DATE: 20140227
DATE AS OF CHANGE: 20140227
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: COMERICA INC /NEW/
CENTRAL INDEX KEY: 0000028412
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 000006021
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1717 MAIN STREET MC6404
STREET 2: ATTN: DARLENE PERSONS
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 214-462-6831
MAIL ADDRESS:
STREET 1: 1717 MAIN STREET MC6404
STREET 2: ATTN: DARLENE PERSONS
CITY: DALLAS
STATE: TX
ZIP: 75201
FORMER COMPANY:
FORMER CONFORMED NAME: DETROITBANK CORP
DATE OF NAME CHANGE: 19850311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ANDERSON LARS C
CENTRAL INDEX KEY: 0001507307
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10706
FILM NUMBER: 14650664
MAIL ADDRESS:
STREET 1: 1717 MAIN STREET, MC 6405
CITY: DALLAS
STATE: TX
ZIP: 75201
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2014-02-25
0000028412
COMERICA INC /NEW/
CMA
0001507307
ANDERSON LARS C
COMERICA INCORPORATED
1717 MAIN STREET, MC-6405
DALLAS
TX
75201
0
1
0
0
Vice Chairman
Common Stock
2014-02-25
4
A
0
2250
0
A
93227
D
Employee Stock Option (right to buy)
42.24
2011-12-31
2020-12-31
Common Stock
30000
30000
D
Employee Stock Option (right to buy)
39.10
2012-01-25
2021-01-25
Common Stock
24000
24000
D
Employee Stock Option (right to buy)
29.60
2013-01-24
2022-01-24
Common Stock
22000
22000
D
Employee Stock Option (right to buy)
33.79
2014-01-22
2023-01-22
Common Stock
5500
5500
D
Employee Stock Option (right to buy)
49.51
2015-01-21
2024-01-21
Common Stock
6385
6385
D
On January 22, 2013, a "target" award of 15,000 performance restricted stock units (PRSUs) was granted to the reporting person pursuant to the Amended and Restated Comerica Incorporated 2006 Long-Term Incentive Plan. The PRSUs are settled in stock, with accrued dividend equivalents paid out annually in cash. The PRSUs vest in one installment at the end of a three-year performance period. If, during any year in such performance period, Comerica falls below the Tier 1 Capital Threshold defined by the Federal Reserve for well capitalized banks, 15% of the PRSU target award will be forfeited, with a maximum reduction of 45% of the target award. On February 25, 2014, the Governance, Compensation and Nominating Committee of Comerica Incorporated certified that performance was achieved for the 2013 fiscal year. The number of PRSUs reported in this Form 4 represents the additional portion of the award that is not subject to reduction due to the achievement of the 2013 performance results.
Includes shares acquired through employee stock plans and restricted stock units as of February 25, 2014.
The options vest in four equal annual installments beginning on the date indicated in this column.
/s/ Jennifer S. Perry, on behalf of Lars C. Anderson through Power of Attorney
2014-02-27