COMERICA INC /NEW/ 4
4 · COMERICA INC /NEW/ · Filed Mar 2, 2017
Insider Transaction Report
Form 4
Duprey David E
EVP and General Auditor
Transactions
- Award
Common Stock
2017-02-28+7,984→ 95,248 total - Tax Payment
Common Stock
2017-02-28$71.28/sh−3,689$262,952→ 91,559 total
Holdings
- 4,055
Employee Stock Option (right to buy)
Exercise: $49.51From: 2015-01-21Exp: 2024-01-21→ Common Stock (4,055 underlying) - 5,370
Employee Stock Option (right to buy)
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (5,370 underlying) - 4,175
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (4,175 underlying) - 4,680
Employee Stock Option (right to buy)
Exercise: $42.32From: 2016-01-27Exp: 2025-01-27→ Common Stock (4,680 underlying)
Footnotes (3)
- [F1]On January 21, 2014, a "target" award of 7,937 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 a certification of results for a three-year performance period. The performance period ended on December 31, 2016, and on February 28, 2017, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 100.6% based upon satisfaction of a three-year average adjusted return on common equity 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.
- [F2]Includes shares acquired through employee stock plans and shares purchased with reinvested dividends as of February 28, 2017.
- [F3]The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.