SEC Form 4 · accession 0000028412-16-000227
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen L Parkhill
Officer — Vice Chairman
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000028412
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 5, 2016 | M | 60,000 | $25.59 | A | 142,878 | D | |
| Common StockF1 | May 5, 2016 | J | 46,251 | $42.28 | D | 96,627 | D | |
| Common StockF1 | May 5, 2016 | M | 21,000 | $29.60 | A | 117,627 | D | |
| Common StockF1 | May 5, 2016 | F | 17,345 | $42.28 | D | 100,282 | D | |
| Common StockF1 | May 5, 2016 | M | 4,125 | $33.79 | A | 104,407 | D | |
| Common StockF1 | May 5, 2016 | F | 3,645 | $42.28 | D | 100,762 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3 | $25.59 | May 5, 2016 | M | 60,000 | D | Aug 31, 2012 | Aug 31, 2021 | Common Stock | 60,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $29.60 | May 5, 2016 | M | 21,000 | D | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 21,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $33.79 | May 5, 2016 | M | 4,125 | D | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 4,125 | 1,375 | D |
| Employee Stock Option (right to buy)F3 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 6,385 | 6,385 | D |
| Employee Stock Option (right to buy)F3 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 7,220 | 7,220 | D |
| Employee Stock Option (right to buyF3 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 8,285 | 8,285 | D |
Explanation of responses
- F1Includes shares acquired through employee stock plans and restricted stock units as of May 5, 2016.
- F2Shares were withheld to satisfy tax withholding obligations and pay exercise price.
- F3The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.