0000028412-23-000106.txt : 20230302 0000028412-23-000106.hdr.sgml : 20230302 20230302162156 ACCESSION NUMBER: 0000028412-23-000106 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230302 DATE AS OF CHANGE: 20230302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FARMER CURTIS C CENTRAL INDEX KEY: 0001448433 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10706 FILM NUMBER: 23699280 MAIL ADDRESS: STREET 1: 1717 MAIN STREET STREET 2: MC 6404 CITY: DALLAS STATE: TX ZIP: 75201 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: KELLY GAGE CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-462-6831 MAIL ADDRESS: STREET 1: 1717 MAIN STREET MC6404 STREET 2: ATTN: KELLY GAGE CITY: DALLAS STATE: TX ZIP: 75201 FORMER COMPANY: FORMER CONFORMED NAME: DETROITBANK CORP DATE OF NAME CHANGE: 19850311 4 1 wf-form4_167779209664109.xml FORM 4 X0306 4 2023-02-28 0 0000028412 COMERICA INC /NEW/ CMA 0001448433 FARMER CURTIS C COMERICA INCORPORATED 1717 MAIN STREET, MC 6404 DALLAS TX 75201 1 1 0 0 Chairman, President and CEO Common Stock 2023-02-28 4 A 0 36360 0 A 210927 D Common Stock 2023-02-28 4 F 0 14308 70.10 D 196619 D Employee Stock Option (right to buy) 42.32 2016-01-27 2025-01-27 Common Stock 1805.0 1805 D Employee Stock Option (right to buy) 32.97 2017-01-26 2026-01-26 Common Stock 5648.0 5648 D Employee Stock Option (right to buy) 67.66 2018-01-24 2027-01-24 Common Stock 4272.0 4272 D Employee Stock Option (right to buy) 95.25 2019-01-23 2028-01-23 Common Stock 4935.0 4935 D Employee Stock Option (right to buy) 80.17 2020-01-22 2029-01-22 Common Stock 6605.0 6605 D Employee Stock Option (right to buy) 79.01 2020-04-23 2029-04-23 Common Stock 6700.0 6700 D Employee Stock Option (right to buy) 63.15 2021-01-28 2030-01-28 Common Stock 25030.0 25030 D Employee Stock Option (right to buy) 60.12 2022-01-26 2031-01-26 Common Stock 20140.0 20140 D Employee Stock Option (right to buy) 92.58 2023-01-25 2032-01-25 Common Stock 16865.0 16865 D Employee Stock Option (right to buy) 71.16 2024-01-24 2033-01-24 Common Stock 24400.0 24400 D On January 28, 2020, a "target" award of 33,450 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 certification of results for a three-year performance period. The performance period ended on December 31, 2022, and on February 28, 2023, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 108.7% 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 and restricted stock units as of February 28, 2023. 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 Curtis C. Farmer through Power of Attorney 2023-03-02