COMERICA INC — Director's Dealing 2014

Jan 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2014-01-27

Reporting Person: OBERMEYER PAUL R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-27	Common Stock	F	1178	$46.57	Disposed	49555	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$52.50	2014-04-16	Common Stock (5000)	5000	Direct
Employee Stock Option (right to buy)	$54.99	2015-04-21	Common Stock (5900)	5900	Direct
Employee Stock Option (right to buy)	$56.47	2016-02-15	Common Stock (9000)	9000	Direct
Employee Stock Option (right to buy)	$58.98	2017-01-23	Common Stock (8200)	8200	Direct
Employee Stock Option (right to buy)	$37.45	2018-01-22	Common Stock (8200)	8200	Direct
Employee Stock Option (right to buy)	$17.32	2019-01-27	Common Stock (6500)	6500	Direct
Employee Stock Option (right to buy)	$34.78	2020-01-26	Common Stock (15000)	15000	Direct
Employee Stock Option (right to buy)	$39.10	2021-01-25	Common Stock (12000)	12000	Direct
Employee Stock Option (right to buy)	$29.60	2022-01-24	Common Stock (12700)	12700	Direct
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (3500)	3500	Direct
Employee Stock Option (right to buy)	$49.51	2024-01-21	Common Stock (2979)	2979	Direct

Footnotes

F1: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensaton plan as of January 27, 2014.

F2: The options vest in four equal annual installments beginning on the date indicated in this column.