Buchanan John D 4
4 · COMERICA INC /NEW/ · Filed Feb 25, 2021
Insider Transaction Report
Form 4
Buchanan John D
Executive Vice President
Transactions
- Award
Common Stock
2021-02-23+5,303→ 46,734 total - Tax Payment
Common Stock
2021-02-23$69.59/sh−2,087$145,234→ 44,647 total
Holdings
- 2,183
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (2,183 underlying) - 3,160
Employee Stock Option (right to buy)
Exercise: $80.17From: 2020-01-22Exp: 2029-01-22→ Common Stock (3,160 underlying) - 3,688
Employee Stock Option (right to buy)
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (3,688 underlying) - 2,285
Employee Stock Option (right to buy)
Exercise: $95.25From: 2019-01-23Exp: 2028-01-23→ Common Stock (2,285 underlying) - 5,705
Employee Stock Option (right to buy)
Exercise: $63.15From: 2021-01-28Exp: 2030-01-28→ Common Stock (5,705 underlying) - 4,780
Employee Stock Option (right to buy)
Exercise: $60.12From: 2022-01-26Exp: 2031-01-26→ Common Stock (4,780 underlying)
Footnotes (3)
- [F1]On January 23, 2018, a "target" award of 4,735 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, 2020, and on February 23, 2021, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 122% 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 was applied based on failure to satisfy the relative total shareholder return goal.
- [F2]Includes shares acquired through employee stock plans and restricted stock units as of February 23, 2021.
- [F3]The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.