COMERICA INC — Director's Dealing 2014

Aug 8, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2014-08-06

Reporting Person: RITCHIE MICHAEL T (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-06	Common Stock	M	12000	$34.78	Acquired	31228	Direct
2014-08-06	Common Stock	J	10127	$49.15	Disposed	21101	Direct
2014-08-07	Common Stock	S	1873	$49.30	Disposed	19228	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-06	Employee Stock Option (right to buy)	$34.78	M	12000	Disposed	2020-01-26	Common Stock (12000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$54.99	2015-04-21	Common Stock (3200)	3200	Direct
Employee Stock Option (right to buy)	$56.47	2016-02-15	Common Stock (3800)	3800	Direct
Employee Stock Option (right to buy)	$58.98	2017-01-23	Common Stock (4000)	4000	Direct
Employee Stock Option (right to buy)	$39.10	2021-01-25	Common Stock (10800)	10800	Direct
Employee Stock Option (right to buy)	$29.60	2022-01-24	Common Stock (8000)	8000	Direct
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (2000)	2000	Direct
Employee Stock Option (right to buy)	$49.51	2024-01-21	Common Stock (2592)	2592	Direct

Footnotes

F1: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of August 6, 2014.

F2: Shares were withheld to satisfy tax withholding obligations and pay exercise price.

F3: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of August 7, 2014.

F4: The options vest in four equal annual installments beginning on the date indicated in this column.