COMERICA INC — Director's Dealing 2020

Jul 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2020-07-28

Reporting Person: LINDNER RICHARD G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-24	Common Stock	G	6232	—	Disposed	48760	Direct
2020-07-28	Common Stock	A	2865	—	Acquired	51625	Direct
2020-07-24	Common Stock	G	6232	—	Acquired	6232	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3092	Indirect

Footnotes

F1: 6,232 shares were previously reported as indirectly beneficially owned by Lindner 2006 Living Trust but were contributed to a direct, individually-owned account prior to this gift transaction. The reporting person then gifted the directly-held shares to an irrevocable trust for the benefit of the reporting person's spouse.

F2: Includes stock units held pursuant to a deferred compensation plan and restricted stock units as of July 24, 2020.

F3: Restricted stock units granted pursuant to the 2015 Comerica Incorporated Incentive Plan for Non-Employee Directors. Each restricted stock unit represents an unfunded, unsecured right to receive one share of Comerica common stock. The restricted stock units vest 50% on the first anniversary of the date of grant, 25% on the second anniversary of the date of grant and 25% on the third anniversary of the date of grant. Vested awards generally settle one year from the date the director leaves the Board.

F4: Includes stock units held pursuant to a deferred compensation plan and restricted stock units as of July 28, 2020.