COMERICA INC — Director's Dealing 2016

Nov 28, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2016-11-23

Reporting Person: Sefzik Peter L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-23	Common Stock	M	600	$58.98	Acquired	8931	Direct
2016-11-23	Common Stock	F	578	$62.17	Disposed	8353	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-23	Employee Stock Option (right to buy)	$58.98	M	600	Disposed	2017-01-21	Common Stock (600)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$39.10	2021-01-25	Common Stock (725)	725	Direct
Employee Stock Option (right to buy)	$29.60	2022-01-24	Common Stock (1750)	1750	Direct
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (3350)	3350	Direct
Employee Stock Option (right to buy)	$49.51	2024-01-21	Common Stock (2954)	2954	Direct
Employee Stock Option (right to buy)	$42.32	2025-01-27	Common Stock (3410)	3410	Direct
Employee Stock Option (right to buy)	$32.97	2026-01-26	Common Stock (3315)	3315	Direct

Footnotes

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

F2: Includes shares acquired through employee stock plans and shares purchased with reinvested dividends as of November 23, 2016.

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