OBERMEYER PAUL R 4
4 · COMERICA INC /NEW/ · Filed Feb 27, 2020
Insider Transaction Report
Form 4
OBERMEYER PAUL R
Executive Vice President
Transactions
- Award
Common Stock
2020-02-25+6,847→ 19,160 total - Tax Payment
Common Stock
2020-02-25$56.79/sh−1,668$94,726→ 17,492 total
Holdings
- 2,979
Employee Stock Option (right to buy)
Exercise: $49.51From: 2015-01-21Exp: 2024-01-21→ Common Stock (2,979 underlying) - 3,455
Employee Stock Option (right to buy)
Exercise: $42.32From: 2016-01-27Exp: 2025-01-27→ Common Stock (3,455 underlying) - 4,025
Employee Stock Option (right to buy
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (4,025 underlying) - 2,085
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (2,085 underlying) - 1,655
Employee Stock Option (right to buy)
Exercise: $95.25From: 2019-01-23Exp: 2028-01-23→ Common Stock (1,655 underlying) - 2,345
Employee Stock Option (right to buy)
Exercise: $80.17From: 2020-01-22Exp: 2029-01-22→ Common Stock (2,345 underlying) - 4,260
Employee Stock Option (right to buy)
Exercise: $63.15From: 2021-01-28Exp: 2030-01-28→ Common Stock (4,260 underlying)
Footnotes (3)
- [F1]On January 24, 2017, a "target" award of 4,565 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, restricted stock units and stock units held pursuant to a deferred compensation plan 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.