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COMERICA INC — Director's Dealing 2011
Feb 8, 2011
30676_dirs_2011-02-08_193a410a-7ebb-4787-84f0-9d26abba07dd.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: 2011-02-05
Reporting Person: GUMMER CHARLES L (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-05 | Common Stock | M | 9253 | — | Acquired | 113574 | Direct |
| 2011-02-05 | Common Stock | D | 9253 | $38.60 | Disposed | 104321 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-05 | Phantom Stock Units | $ | M | 9253 | Disposed | 2011-02-05 | Common Stock (9253) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1500 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $51.43 | 2011-05-02 | Common Stock (15800) | 15800 | Direct |
| Employee Stock Option (right to buy) | $63.20 | 2012-04-17 | Common Stock (24800) | 24800 | Direct |
| Employee Stock Option (right to buy) | $40.32 | 2013-04-17 | Common Stock (24500) | 24500 | Direct |
| Employee Stock Option (right to buy) | $52.50 | 2014-04-16 | Common Stock (25000) | 25000 | Direct |
| Employee Stock Option (right to buy) | $54.99 | 2015-04-21 | Common Stock (25000) | 25000 | Direct |
| Employee Stock Option (right to buy) | $56.47 | 2016-02-15 | Common Stock (20500) | 20500 | Direct |
| Employee Stock Option (right to buy) | $58.98 | 2017-01-23 | Common Stock (25000) | 25000 | Direct |
| Employee Stock Option (right to buy) | $37.45 | 2018-01-22 | Common Stock (25000) | 25000 | Direct |
| Employee Stock Option (right to buy) | $17.32 | 2019-01-27 | Common Stock (23300) | 23300 | Direct |
| Employee Stock Option (right to buy) | $39.16 | 2020-07-27 | Common Stock (18500) | 18500 | Direct |
Footnotes
F1: Each share of phantom stock was the economic equivalent of one share of Comerica Incorporated common stock. The shares of phantom stock were settled for cash.
F2: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of February 4, 2011.
F3: The options vest in four equal annual installments beginning on the date indicated on this column.
F4: The phantom stock units represent a portion of the reporting person's base salary.
F5: Phantom stock units will be settled in cash on the earlier to occur of February 5, 2011 or the reporting person's death.