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COMERICA INC — Director's Dealing 2011
Feb 8, 2011
30676_dirs_2011-02-08_76c84641-f6c8-454f-abe3-dc51fbffdc65.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: ACTON ELIZABETH S (EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-05 | Common Stock | M | 11151 | — | Acquired | 104244 | Direct |
| 2011-02-05 | Common Stock | D | 11151 | $38.60 | Disposed | 93093 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-05 | Phantom Stock Units | $ | M | 11151 | Disposed | 2011-02-05 | Common Stock (11151) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $62.02 | 2012-04-13 | Common Stock (30000) | 30000 | Direct |
| Employee Stock Option (right to buy) | $52.50 | 2014-04-16 | Common Stock (45000) | 45000 | Direct |
| Employee Stock Option (right to buy) | $54.99 | 2015-04-21 | Common Stock (45000) | 45000 | 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 (32000) | 32000 | Direct |
| Employee Stock Option (right to buy) | $17.32 | 2019-01-27 | Common Stock (17400) | 17400 | Direct |
| Employee Stock Option (right to buy) | $39.16 | 2020-07-27 | Common Stock (18500) | 18500 | Direct |
| Employee Stock Option (right to buy) | $39.10 | 2021-01-25 | Common Stock (23500) | 23500 | 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 in 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.