COMERICA INC — Director's Dealing 2016

Jan 26, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2016-01-22

Reporting Person: Guilfoile Peter William (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-22	Common Stock	F	490	$33.67	Disposed	14788	Direct
2016-01-24	Common Stock	F	286	$33.67	Disposed	14502	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$56.47	2016-02-15	Common Stock (3600)	3600	Direct
Employee Stock Option (Right to Buy)	$58.98	2017-01-23	Common Stock (4350)	4350	Direct
Employee Stock Option (Right to Buy)	$39.16	2020-07-27	Common Stock (625)	625	Direct
Employee Stock Option (Right to Buy)	$39.10	2021-01-25	Common Stock (1225)	1225	Direct
Employee Stock Option (Right to Buy)	$29.60	2022-01-24	Common Stock (2750)	2750	Direct
Employee Stock Option (Right to Buy)	$33.79	2023-01-22	Common Stock (3300)	3300	Direct
Employee Stock Option (Right to Buy)	$49.51	2024-01-21	Common Stock (1578)	1578	Direct
Employee Stock Option (Right to Buy)	$42.32	2025-01-27	Common Stock (2270)	2270	Direct

Footnotes

F1: Includes shares acquired through employee stock plans and shares purchased with reinvested dividends as of January 22, 2016.

F2: Includes shares acquired through employee stock plans and shares purchased with reinvested dividends as of January 24, 2016.

F3: Previous reports for this reporting person overstated the reporting person's holdings by five (5) shares due to inadvertent double counting of one share certificate. Totals now accurately reflect the number of shares held.

F4: The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.