0000028412-15-000042.txt : 20150227 0000028412-15-000042.hdr.sgml : 20150226 20150226190146 ACCESSION NUMBER: 0000028412-15-000042 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150224 FILED AS OF DATE: 20150226 DATE AS OF CHANGE: 20150226 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: OBERMEYER PAUL R CENTRAL INDEX KEY: 0001501814 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10706 FILM NUMBER: 15654427 MAIL ADDRESS: STREET 1: 1717 MAIN STREET, MC-6402 CITY: DALLAS STATE: TX ZIP: 75201 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-02-24 0000028412 COMERICA INC /NEW/ CMA 0001501814 OBERMEYER PAUL R 39200 W. SIX MILE ROAD MC 7520 LIVONIA MI 48152 0 1 0 0 Executive Vice President Common Stock 2015-02-24 4 A 0 1434 0 A 39487 D Common Stock 2421 I By the Paul R. and Cindy S. Obermeyer Revocable Trust Employee Stock Option (right to buy) 54.99 2006-01-25 2015-04-21 Common Stock 5900 5900 D Employee Stock Option (right to buy) 56.47 2007-01-24 2016-02-15 Common Stock 9000 9000 D Employee Stock Option (right to buy) 58.98 2008-01-23 2017-01-23 Common Stock 8200 8200 D Employee Stock Option (right to buy) 39.10 2012-01-25 2021-01-25 Common Stock 3000 3000 D Employee Stock Option (right to buy) 29.60 2013-01-24 2022-01-24 Common Stock 6350 6350 D Employee Stock Option (right to buy) 33.79 2014-01-22 2023-01-22 Common Stock 3500 3500 D Employee Stock Option (right to buy) 49.51 2015-01-21 2024-01-21 Common Stock 2979 2979 D Employee Stock Option (right to buy) 42.32 2016-01-27 2025-01-27 Common Stock 3455 3455 D On January 22, 2013, a "target" award of 9,560 performance restricted stock units (PRSUs) was granted to the reporting person pursuant to Comerica Incorporated's long-term incentive plan. The PRSUs are settled in stock, with accrued dividend equivalents paid out annually in cash, and vest in one installment at the end of a 3-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 target award will be forfeited, with a maximum reduction of 45%. On February 25, 2014, Comerica's Governance, Compensation and Nominating Committee certified that performance was achieved for the 2013 fiscal year, and on February 24, 2015, the Committee certified that performance was achieved for the 2014 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 2014 performance results. Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of February 24, 2015. The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column. /s/ Jennifer S. Perry, on behalf of Paul R. Obermeyer through Power of Attorney 2015-02-26