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