0000028412-18-000082.txt : 20180301
0000028412-18-000082.hdr.sgml : 20180301
20180301173041
ACCESSION NUMBER: 0000028412-18-000082
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180227
FILED AS OF DATE: 20180301
DATE AS OF CHANGE: 20180301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MICHALAK MICHAEL H
CENTRAL INDEX KEY: 0001270316
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10706
FILM NUMBER: 18659128
MAIL ADDRESS:
STREET 1: 500 WOODWARD AVENUE MC/3379
CITY: DETROIT
STATE: MI
ZIP: 48226
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
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-02-27
0000028412
COMERICA INC /NEW/
CMA
0001270316
MICHALAK MICHAEL H
1717 MAIN STREET
MC 6406
DALLAS
TX
75201
0
1
0
0
EVP - Chief Risk Officer
Common Stock
2018-02-27
4
A
0
7139
0
A
50627
D
Common Stock
2018-02-27
4
F
0
3114
98.61
D
47513
D
Employee Stock Option (right to buy)
39.10
2012-01-25
2021-01-25
Common Stock
8000
8000
D
Employee Stock Option (right to buy)
29.60
2013-01-24
2022-01-24
Common Stock
8000
8000
D
Employee Stock Option (right to buy)
33.79
2014-01-22
2023-01-22
Common Stock
2000
2000
D
Employee Stock Option (right to buy)
49.51
2015-01-21
2024-01-21
Common Stock
1857
1857
D
Employee Stock Option (right to buy)
42.32
2016-01-27
2025-01-27
Common Stock
3500
3500
D
Employee Stock Option (right to buy)
32.97
2017-01-26
2026-01-26
Common Stock
4520
4520
D
Employee Stock Option (right to buy)
67.66
2018-01-24
2027-01-24
Common Stock
2530
2530
D
Employee Stock Option (right to buy)
95.25
2019-01-23
2028-01-23
Common Stock
2115
2115
D
On January 27, 2015, a "target" award of 7,090 performance restricted stock units ("SELTPP units") was granted to the reporting person pursuant to Comerica Incorporated's long-term incentive plan. The SELTPP units are settled in stock and vest in one installment following a certification of results for a three-year performance period. The performance period ended on December 31, 2017, and on February 27, 2018, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 100.7% based upon satisfaction of a three-year average return on common equity excluding certain nonperformance items performance goal and (2) the negative total shareholder return modifier of 10 percentage points would not be applied based upon satisfaction of a relative total shareholder return goal.
Includes shares acquired through employee stock plans, shares purchased with reinvested dividends, restricted stock units and stock units held pursuant to a deferred compensation plan as of February 27, 2018.
The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.
The previous Form 4 filed for the reporting person on January 30, 2018 mistakenly checked the "exit" box. Mr Michalak is still a Section 16 reporting person.
/s/ Jennifer S. Perry, on behalf of Michael H. Michalak through Power of Attorney
2018-03-01