COMERICA INC — Director's Dealing 2011

Sep 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2011-08-31

Reporting Person: PARKHILL KAREN L (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-31	Common Stock	A	34200	—	Acquired	34200	Direct
2011-08-31	Common Stock	A	10000	—	Acquired	44200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-31	Employee Stock Option (right to buy)	$25.59	A	60000	Acquired	2021-08-31	Common Stock (60000)	Direct

Footnotes

F1: Restricted stock units granted pursuant to the Amended and Restated Comerica Incorporated 2006 Long-Term Incentive Plan. Each restricted stock unit represents an unfunded, unsecured right to receive one share of Comerica common stock. The restricted stock units vest in three equal installments on the third, fourth and fifth anniversaries of the grant date and are settled in stock on August 31, 2016.

F2: Shares of restricted stock awarded under issuer's Long-Term Incentive Plan.

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