COMERICA INC - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2016-10-20

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-20	Common Stock	M	5800	$29.60	Acquired	17791	Direct
2016-10-20	Common Stock	F	4250	$51.64	Disposed	13541	Direct
2016-10-20	Common Stock	M	2500	$37.26	Acquired	16041	Direct
2016-10-20	Common Stock	F	2064	$51.64	Disposed	13977	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-20	Employee Stock Option (right to buy)	$37.26	M	2500	Disposed	2020-03-15	Common Stock (2500)	Direct
2016-10-20	Employee Stock Option (right to buy)	$29.60	M	5800	Disposed	2022-01-24	Common Stock (5800)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$39.10	2021-01-25	Common Stock (6500)	6500	Direct
Common Stock Warrants (right to buy)	$29.40	2018-11-14	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$33.79	2023-01-22	Common Stock (1500)	1500	Direct
Employee Stock Option (right to buy)	$49.51	2024-01-21	Common Stock (1845)	1845	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

F1: Includes shares acquired through employee stock plans and restricted stock units as of October 20, 2016

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

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