LINDNER RICHARD G 4
4 · COMERICA INC /NEW/ · Filed Jul 30, 2020
Insider Transaction Report
Form 4
LINDNER RICHARD G
Director
Transactions
- Gift
Common Stock
2020-07-24−6,232→ 48,760 total - Award
Common Stock
2020-07-28+2,865→ 51,625 total - Gift
Common Stock
2020-07-24+6,232→ 6,232 total(indirect: By Trust)
Holdings
- 3,092(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]6,232 shares were previously reported as indirectly beneficially owned by Lindner 2006 Living Trust but were contributed to a direct, individually-owned account prior to this gift transaction. The reporting person then gifted the directly-held shares to an irrevocable trust for the benefit of the reporting person's spouse.
- [F2]Includes stock units held pursuant to a deferred compensation plan and restricted stock units as of July 24, 2020.
- [F3]Restricted stock units granted pursuant to the 2015 Comerica Incorporated Incentive Plan for Non-Employee Directors. Each restricted stock unit represents an unfunded, unsecured right to receive one share of Comerica common stock. The restricted stock units vest 50% on the first anniversary of the date of grant, 25% on the second anniversary of the date of grant and 25% on the third anniversary of the date of grant. Vested awards generally settle one year from the date the director leaves the Board.
- [F4]Includes stock units held pursuant to a deferred compensation plan and restricted stock units as of July 28, 2020.