COMERICA INC — Director's Dealing 2016

Nov 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2016-11-18

Reporting Person: FAUBION J PATRICK (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-18	Common Stock	M	6000	$58.98	Acquired	52518	Direct
2016-11-18	Common Stock	F	5883	$61.04	Disposed	46635	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-18	Employee Stock Option (right to buy)	$58.98	M	6000	Disposed	2017-01-23	Common Stock (6000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$37.45	2018-01-22	Common Stock (5300)	5300	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 (16400)	16400	Direct
Employee Stock Option (right to buy)	$29.60	2022-01-24	Common Stock (14500)	14500	Direct
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (3370)	3370	Direct
Employee Stock Option (right to buy)	$49.51	2024-01-21	Common Stock (3018)	3018	Direct
Employee Stock Option (right to buy)	$42.32	2025-01-27	Common Stock (3555)	3555	Direct
Employee Stock Option (right to buy)	$32.97	2026-01-26	Common Stock (5270)	5270	Direct

Footnotes

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

F2: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of November 18, 2016.

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