Filing Details
- Accession Number:
- 0000028412-13-000111
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-22 15:29:50
- Reporting Period:
- 2013-11-20
- Filing Date:
- 2013-11-22
- Accepted Time:
- 2013-11-22 15:29:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
28412 | Comerica Inc W | CMA | National Commercial Banks (6021) | 000006021 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1575198 | T Michael Ritchie | 411 West Lafayette, Mc-3247 Detroit MI 48226 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-11-20 | 3,750 | $17.32 | 22,280 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-11-20 | 3,750 | $44.85 | 18,530 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2013-11-20 | 3,750 | $0.00 | 3,750 | $17.32 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2010-01-27 | 2019-01-27 | No | 4 | M | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | $52.50 | 2005-04-16 | 2014-04-16 | 2,200 | 2,200 | Direct |
Common Stock | Employee Stock Option (right to buy) | $54.99 | 2006-04-21 | 2015-04-21 | 3,200 | 3,200 | Direct |
Common Stock | Employee Stock Option (right to buy) | $56.47 | 2007-02-15 | 2016-02-15 | 3,800 | 3,800 | Direct |
Common Stock | Employee Stock Option (right to buy) | $58.98 | 2008-01-23 | 2017-01-23 | 4,000 | 4,000 | Direct |
Common Stock | Employee Stock Option (right to buy) | $37.45 | 2009-01-22 | 2018-01-22 | 4,150 | 4,150 | Direct |
Common Stock | Employee Stock Option (right to buy) | $34.78 | 2011-01-26 | 2020-01-26 | 12,000 | 12,000 | Direct |
Common Stock | Employee Stock Option (right to buy) | $39.10 | 2012-01-25 | 2021-01-25 | 10,800 | 10,800 | Direct |
Common Stock | Employee Stock Option (right to buy) | $29.60 | 2013-01-24 | 2022-01-24 | 8,000 | 8,000 | Direct |
Common Stock | Employee Stock Option (right to buy) | $33.79 | 2014-01-22 | 2023-01-22 | 2,000 | 2,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2014-04-16 | 2,200 | 2,200 | Direct |
2015-04-21 | 3,200 | 3,200 | Direct |
2016-02-15 | 3,800 | 3,800 | Direct |
2017-01-23 | 4,000 | 4,000 | Direct |
2018-01-22 | 4,150 | 4,150 | Direct |
2020-01-26 | 12,000 | 12,000 | Direct |
2021-01-25 | 10,800 | 10,800 | Direct |
2022-01-24 | 8,000 | 8,000 | Direct |
2023-01-22 | 2,000 | 2,000 | Direct |
Footnotes
- Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of November 20, 2013. Also includes performance restricted stock units (PRSUs) which were granted to the reporting person pursuant to the Amended and Restated Comerica Incorporated 2006 Long-Term Incentive Plan. The PRSUs are settled in stock, with accrued dividend equivalent paid out annually in cash. The PRSUs vest in one installment at the end of a three-year performance period. If, during any year in such performance period, Comerica falls below the Tier 1 Capital Threshold defined by the Federal Reserve for well capitalized banks, 15% of the PRSU target award will be forfieted, with a maximum reduction of 45% of the target award. The number of PRSUs included in the total represents the portion that is not subject to such reduction as of November 20, 2013.
- The options vest in four equal annual installments beginning on the date indicated in this column.