AUST MICHAEL J 4
4 · COMERICA INC /NEW/ · Filed Feb 27, 2020
Insider Transaction Report
Form 4
AUST MICHAEL J
Executive Vice President
Transactions
- Award
Caommon Stock
2020-02-25+6,262→ 29,890 total - Tax Payment
Caommon Stock
2020-02-25$56.79/sh−2,465$139,987→ 27,425 total
Holdings
- 2,260
Employee Stock Option (right to buy)
Exercise: $49.51From: 2015-01-21Exp: 2024-01-21→ Common Stock (2,260 underlying) - 1,190
Employee Stock Option (right to buy)
Exercise: $95.25From: 2019-01-23Exp: 2028-01-23→ Common Stock (1,190 underlying) - 4,145
Employee Stock Option (right to buy)
Exercise: $63.15From: 2021-01-28Exp: 2030-01-28→ Common Stock (4,145 underlying) - 3,060
Employee Stock Option (right to buy)
Exercise: $42.32From: 2016-01-27Exp: 2025-01-27→ Common Stock (3,060 underlying) - 3,060
Employee Stock Option (right to buy)
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (3,060 underlying) - 1,590
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (1,590 underlying) - 1,660
Employee Stock Option (right to buy)
Exercise: $80.17From: 2020-01-22Exp: 2029-01-22→ Common Stock (1,660 underlying)
Footnotes (3)
- [F1]On January 24, 2017, a "target" award of 4,175 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, 2019, and on February 25, 2020, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 150% 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 and restricted stock units as of February 25, 2020.
- [F3]The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.