0000028412-21-000077.txt : 20210225 0000028412-21-000077.hdr.sgml : 20210225 20210225163056 ACCESSION NUMBER: 0000028412-21-000077 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210223 FILED AS OF DATE: 20210225 DATE AS OF CHANGE: 20210225 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ortiz Mauricio A CENTRAL INDEX KEY: 0001729090 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10706 FILM NUMBER: 21680835 MAIL ADDRESS: STREET 1: MAIN STREET MC 6500 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: 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 wf-form4_161428864116410.xml FORM 4 X0306 4 2021-02-23 0 0000028412 COMERICA INC /NEW/ CMA 0001729090 Ortiz Mauricio A 1717 MAIN STREET MC 6506 DALLAS TX 75201 0 1 0 0 SVP & Chief Accounting Officer Common Stock 2021-02-23 4 A 0 683 0 A 7131 D Common Stock 2021-02-23 4 F 0 269 69.59 D 6862 D Employee Stock Option (right to buy) 32.97 2017-01-26 2026-01-26 Common Stock 567.0 567 D Employee Stock Option (right to buy) 67.66 2018-01-24 2027-01-24 Common Stock 650.0 650 D Employee Stock Option (right to buy) 95.25 2019-01-23 2028-01-23 Common Stock 960.0 960 D Employee Stock Option (right to buy) 80.17 2020-01-22 2029-01-22 Common Stock 1285.0 1285 D Employee Stock Option (right to buy) 63.15 2021-01-28 2030-01-28 Common Stock 2540.0 2540 D Employee Stock Option (right to buy) 60.12 2022-01-26 2031-01-26 Common Stock 925.0 925 D On January 23, 2018, a "target" award of 610 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, 2020, and on February 23, 2021, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 122% 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 was applied based on failure to satisfy the relative total shareholder return goal. Includes shares acquired through employee stock plans and restricted stock units as of February 23, 2021. 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 Mauricio A. Ortiz through Power of Attorney 2021-02-25