4//SEC Filing
MICHALAK MICHAEL H 4
Accession 0000028412-18-000082
CIK 0000028412other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:30 PM ET
Size
18.7 KB
Accession
0000028412-18-000082
Insider Transaction Report
Form 4
MICHALAK MICHAEL H
EVP/Corporate Planning
Transactions
- Award
Common Stock
2018-02-27+7,139→ 50,627 total - Tax Payment
Common Stock
2018-02-27$98.61/sh−3,114$307,072→ 47,513 total
Holdings
- 1,857
Employee Stock Option (right to buy)
Exercise: $49.51From: 2015-01-21Exp: 2024-01-21→ Common Stock (1,857 underlying) - 4,520
Employee Stock Option (right to buy)
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (4,520 underlying) - 8,000
Employee Stock Option (right to buy)
Exercise: $29.60From: 2013-01-24Exp: 2022-01-24→ Common Stock (8,000 underlying) - 3,500
Employee Stock Option (right to buy)
Exercise: $42.32From: 2016-01-27Exp: 2025-01-27→ Common Stock (3,500 underlying) - 2,530
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (2,530 underlying) - 2,115
Employee Stock Option (right to buy)
Exercise: $95.25From: 2019-01-23Exp: 2028-01-23→ Common Stock (2,115 underlying) - 2,000
Employee Stock Option (right to buy)
Exercise: $33.79From: 2014-01-22Exp: 2023-01-22→ Common Stock (2,000 underlying) - 8,000
Employee Stock Option (right to buy)
Exercise: $39.10From: 2012-01-25Exp: 2021-01-25→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]On January 27, 2015, a "target" award of 7,090 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, 2017, and on February 27, 2018, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 100.7% 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.
- [F2]Includes shares acquired through employee stock plans, shares purchased with reinvested dividends, restricted stock units and stock units held pursuant to a deferred compensation plan as of February 27, 2018.
- [F3]The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.
Documents
Issuer
COMERICA INC /NEW/
CIK 0000028412
Entity typeother
Related Parties
1- filerCIK 0001270316
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:30 PM ET
- Size
- 18.7 KB