4//SEC Filing
OBERG JAY K. 4
Accession 0000028412-23-000128
CIK 0000028412other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:51 PM ET
Size
20.0 KB
Accession
0000028412-23-000128
Insider Transaction Report
Form 4
OBERG JAY K.
EVP-Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2023-02-28$70.10/sh−2,853$199,995→ 46,305 total - Award
Common Stock
2023-02-28+6,543→ 49,158 total
Holdings
- 5
Employee Stock Option (right to buy)
Exercise: $49.51From: 2015-01-21Exp: 2024-01-21→ Common Stock (5 underlying) - 2,640
Employee Stock Option (right to buy)
Exercise: $42.32From: 2016-01-27Exp: 2025-01-27→ Common Stock (2,640 underlying) - 1,010
Employee Stock Option (right to buy)
Exercise: $67.66From: 2018-01-24Exp: 2027-01-24→ Common Stock (1,010 underlying) - 3,415
Employee Stock Option (right to buy)
Exercise: $71.16From: 2024-01-24Exp: 2033-01-24→ Common Stock (3,415 underlying) - 2,130
Employee Stock Option (right to buy)
Exercise: $32.97From: 2017-01-26Exp: 2026-01-26→ Common Stock (2,130 underlying) - 805
Employee Stock Option (right to buy)
Exercise: $95.25From: 2019-01-23Exp: 2028-01-23→ Common Stock (805 underlying) - 2,575
Employee Stock Option (right to buy)
Exercise: $80.17From: 2020-01-22Exp: 2029-01-22→ Common Stock (2,575 underlying) - 4,395
Employee Stock Option (right to buy)
Exercise: $60.12From: 2022-01-26Exp: 2031-01-26→ Common Stock (4,395 underlying) - 2,810
Employee Stock Option (right to buy)
Exercise: $92.58From: 2023-01-25Exp: 2032-01-25→ Common Stock (2,810 underlying) - 4,505
Employee Stock Option (right to buy)
Exercise: $63.15From: 2021-01-28Exp: 2030-01-28→ Common Stock (4,505 underlying)
Footnotes (3)
- [F1]On January 28, 2020, a "target" award of 6,020 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, shares purchased with reinvested dividends 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.
Documents
Issuer
COMERICA INC /NEW/
CIK 0000028412
Entity typeother
Related Parties
1- filerCIK 0001763219
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:51 PM ET
- Size
- 20.0 KB