COMERICA INC — Director's Dealing 2011

Sep 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2011-09-01

Reporting Person: GREENE DALE E (EVP - Business Bank)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-01	Common Stock	F	23986	$24.46	Disposed	111414	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	156	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$63.20	2012-04-17	Common Stock (23600)	23600	Direct
Employee Stock Option (right to buy)	$40.32	2013-04-17	Common Stock (23400)	23400	Direct
Employee Stock Option (right to buy)	$52.50	2014-04-16	Common Stock (40000)	40000	Direct
Employee Stock Option (right to buy)	$54.99	2015-04-21	Common Stock (40000)	40000	Direct
Employee Stock Option (right to buy)	$56.47	2016-02-15	Common Stock (32000)	32000	Direct
Employee Stock Option (right to buy)	$58.98	2017-01-23	Common Stock (32000)	32000	Direct
Employee Stock Option (right to buy)	$37.45	2018-01-22	Common Stock (33000)	33000	Direct
Employee Stock Option (right to buy)	$17.32	2019-01-27	Common Stock (26700)	26700	Direct
Employee Stock Option (right to buy)	$39.16	2020-07-27	Common Stock (22500)	22500	Direct

Footnotes

F1: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of September 1, 2011.

F2: Includes shares purchased with reinvested dividends.

F3: The options vest in four equal annual installments beginning on the date indicated in this column.