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