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COMERICA INC — Director's Dealing 2013
Jul 25, 2013
30676_dirs_2013-07-25_b27318ae-8cd6-4178-965e-06c3b3ec0785.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: 2013-07-23
Reporting Person: TAUBMAN ROBERT S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-23 | Common Stock | A | 1516 | — | Acquired | 30356 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $53.87 | 2014-05-18 | Common Stock (2500) | 2500 | Direct |
| Restricted Stock Units | $0 | 1988-08-08 | Common Stock (319) | 319 | Direct |
Footnotes
F1: Restricted stock units granted pursuant to the Comerica Incorporated Amended and Restated Incentive Plan for Non-Employee Directors. Each restricted stock unit represents an unfunded, unsecured right to receive one share of Comerica common stock. The restricted stock units vest one year after the date of grant and are settled in stock one year after cessation of service on the board.
F2: Includes, among other things, stock units held pursuant to deferred compensation plans and restricted stock units as of July 23, 2013.
F3: The Form 4 filed on April 10, 2013 inadvertently overreported the insider's total holdings by 319 shares. Column 5 of this Form 4 correctly reflects the amount of securities beneficially owned by the insider.
F4: Each restricted stock unit represents a contingent right to receive one share of Comerica common stock.
F5: The restricted stock units vest one year after the date of grant. Vested shares are settled one year after cessation of service on the board.