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COMERICA INC — Director's Dealing 2020
Jul 31, 2020
30676_dirs_2020-07-30_6fbcbc30-58e4-4a8d-9a3e-d1bbe02bcc1f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2020-07-28
Reporting Person: TAUBMAN ROBERT S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-28 | Common Stock | A | 2865 | — | Acquired | 46821 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0.0 | 1988-08-08 | Common Stock (319.0) | 319 | Direct |
Footnotes
F1: 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.
F2: Includes, among other things, restricted stock units as of July 28, 2020.
F3: Each restricted stock unit represents a contingent right to receive one share of Comerica common stock.
F4: The restricted stock units vest one year after the date of grant. Vested shares are settled one year after cessation of service on the Board.