0000028412-23-000120.txt : 20230302 0000028412-23-000120.hdr.sgml : 20230302 20230302164114 ACCESSION NUMBER: 0000028412-23-000120 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: CARR JAMES MCGREGOR CENTRAL INDEX KEY: 0001806179 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10706 FILM NUMBER: 23699735 MAIL ADDRESS: STREET 1: 1717 MAIN STREET 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_167779323697497.xml FORM 4 X0306 4 2023-02-28 0 0000028412 COMERICA INC /NEW/ CMA 0001806179 CARR JAMES MCGREGOR 1717 MAIN STREET MC 6507 DALLAS TX 75201 0 1 0 0 Executive Vice Pres. Common Stock 2023-02-28 4 A 0 14434 0 A 27276 D Common Stock 2023-02-28 4 F 0 5681 70.10 D 21595 D Employee Stock Option (right to buy) 29.34 2021-03-31 2030-03-31 Common Stock 7585.0 7585 D Employee Stock Option (right to buy) 34.86 2021-04-30 2030-04-30 Common Stock 2325.0 2325 D Employee Stock Option (right to buy) 60.12 2022-01-26 2031-01-26 Common Stock 3930.0 3930 D Employee Stock Option (right to buy) 92.58 2023-01-25 2032-01-25 Common Stock 2510.0 2510 D Employee Stock Option (right to buy) 71.16 2024-01-24 2033-01-24 Common Stock 3050.0 3050 D On March 31, 2020 and April 30, 2020, "target" awards of 10,170 performance restricted stock units ("SELTPP units") and 3,110 SELTPP units, respectively, were 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 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 James McGregor Carr through Power of Attorney 2023-03-02