COMERICA INC — Director's Dealing 2012

Jan 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2012-01-24

Reporting Person: FARMER CURTIS C (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-24	Common Stock	A	16800	—	Acquired	56947	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-24	Employee Stock Option (right to buy)	$29.60	A	21000	Acquired	2022-01-24	Common Stock (21000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$21.95	2018-11-14	Common Stock (12500)	12500	Direct
Employee Stock Option (right to buy)	$17.32	2019-01-27	Common Stock (9150)	9150	Direct
Employee Stock Option (right to buy)	$39.16	2020-07-27	Common Stock (21000)	21000	Direct
Employee Stock Option (right to buy)	$39.10	2021-01-25	Common Stock (22000)	22000	Direct

Footnotes

F1: Shares of restricted stock awarded under issuer's Long-Term Incentive Plan.

F2: Includes shares acquired through employee stock plans as of January 24, 2012.

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