Home/Filings/4/0000028412-23-000122
4//SEC Filing

McKinney Cassandra M. 4

Accession 0000028412-23-000122

CIK 0000028412other

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 4:43 PM ET

Size

16.2 KB

Accession

0000028412-23-000122

Insider Transaction Report

Form 4
Period: 2023-02-28
Transactions
  • Tax Payment

    Common Stock

    2023-02-28$70.10/sh492$34,4897,008 total
  • Award

    Common Stock

    2023-02-28+1,2507,500 total
Holdings
  • Employee Stock Option (right to buy)

    Exercise: $95.25From: 2019-01-23Exp: 2028-01-23Common Stock (1,125 underlying)
    1,125
  • Employee Stock Option (right to buy)

    Exercise: $80.17From: 2020-01-22Exp: 2029-01-22Common Stock (1,540 underlying)
    1,540
  • Employee Stock Option (right to buy)

    Exercise: $60.12From: 2021-01-26Exp: 2031-01-26Common Stock (3,140 underlying)
    3,140
  • Employee Stock Option (right to buy)

    Exercise: $67.66From: 2018-01-24Exp: 2027-01-24Common Stock (2,375 underlying)
    2,375
  • Employee Stock Option (right to buy)

    Exercise: $63.15From: 2021-01-28Exp: 2030-01-28Common Stock (2,790 underlying)
    2,790
  • Employee Stock Option (right to buy)

    Exercise: $92.58From: 2023-01-25Exp: 2032-01-25Common Stock (2,110 underlying)
    2,110
  • Employee Stock Option (right to buy)

    Exercise: $71.16From: 2024-01-24Exp: 2033-01-24Common Stock (2,685 underlying)
    2,685
Footnotes (3)
  • [F1]On January 28, 2020, a "target" award of 1,150 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, 2022, and on February 28, 2023, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 108.7% 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 and restricted stock units as of February 28, 2023.
  • [F3]The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.

Issuer

COMERICA INC /NEW/

CIK 0000028412

Entity typeother

Related Parties

1
  • filerCIK 0001808458

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:43 PM ET
Size
16.2 KB