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