COMERICA INC — Director's Dealing 2016

Nov 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2016-11-29

Reporting Person: Carr Muneera S (EVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-29	Common Stock	M	6500	$39.10	Acquired	18509	Direct
2016-11-29	Common Stock	F	5116	$61.75	Disposed	13393	Direct
2016-11-29	Common Stock	M	922	$49.51	Acquired	14315	Direct
2016-11-29	Common Stock	F	816	$61.75	Disposed	13499	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-29	Employee Stock Option (right to buy)	$39.10	M	6500	Disposed	2021-01-25	Common Stock (6500)	Direct
2016-11-29	Employee Stock Option (right to buy)	$49.51	M	922	Disposed	2024-01-21	Common Stock (922)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (1500)	1500	Direct
Employee Stock Option (right to buy)	$42.32	2025-01-27	Common Stock (2130)	2130	Direct
Employee Stock Option (right to buy)	$32.97	2026-01-26	Common Stock (2490)	2490	Direct

Footnotes

F1: Shares were withheld to satisfy tax withholding obligations and pay exercise price.

F2: Includes shares acquired through employee stock plans and restricted stock units as of November 29, 2016.

F3: The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.