0000028412-23-000102.txt : 20230302
0000028412-23-000102.hdr.sgml : 20230302
20230302161708
ACCESSION NUMBER: 0000028412-23-000102
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: Herzog James J
CENTRAL INDEX KEY: 0001788807
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10706
FILM NUMBER: 23699163
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_167779176538227.xml
FORM 4
X0306
4
2023-02-28
0
0000028412
COMERICA INC /NEW/
CMA
0001788807
Herzog James J
1717 MAIN STREET
MC 6500
DALLAS
TX
75201
0
1
0
0
Senior EVP and CFO
Common Stock
2023-02-28
4
A
0
9549
0
A
36168
D
Common Stock
2023-02-28
4
F
0
3759
70.10
D
32409
D
Employee Stock Option (right to buy)
32.97
2017-01-26
2026-01-26
Common Stock
584.0
584
D
Employee Stock Option (right to buy)
67.66
2018-01-24
2027-01-24
Common Stock
912.0
912
D
Employee Stock Option (right to buy)
95.25
2019-01-23
2028-01-22
Common Stock
905.0
905
D
Employee Stock Option (right to buy)
80.17
2020-01-22
2029-01-22
Common Stock
1240.0
1240
D
Employee Stock Option (right to buy)
63.15
2021-01-28
2030-01-28
Common Stock
2495.0
2495
D
Employee Stock Option (right to buy)
56.79
2021-02-25
2030-02-25
Common Stock
4060.0
4060
D
Employee Stock Option (right to buy)
60.12
2022-01-26
2031-01-26
Common Stock
5655.0
5655
D
Employee Stock Option (right to buy)
92.58
2023-01-25
2032-01-25
Common Stock
4820.0
4820
D
Employee Stock Option (right to buy)
71.16
2024-01-24
2033-01-24
Common Stock
6345.0
6345
D
On January 28, 2020 and February 25, 2020, "target" awards of 3,335 performance restricted stock units ("SELTPP units") and 5,450 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 employee stock plans, shares purchased with reinvested dividends 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 James J. Herzog through Power of Attorney
2023-03-02