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