SEC Form 4 · accession 0000028412-16-000307
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph W Babb Jr.
Officer — Chairman & CEO · Director
Period of report
Nov 17, 2016
Accepted (ET)
Nov 18, 2016 · 5:46 pm EST
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 StockF2 | Nov 17, 2016 | M | 100,000 | $58.98 | A | 668,338 | D | |
| Common StockF2 | Nov 17, 2016 | F | 98,477 | $60.57 | D | 569,861 | 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 | $58.98 | Nov 17, 2016 | M | 100,000 | D | Jan 23, 2008 | Jan 23, 2017 | Common Stock | 100,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $37.45 | holding | — | — | — | Jan 22, 2009 | Jan 22, 2018 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F3 | $17.32 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2019 | Common Stock | 83,600 | 83,600 | D |
| Employee Stock Option (right to buy)F3 | $39.16 | holding | — | — | — | Jul 27, 2011 | Jul 27, 2020 | Common Stock | 61,500 | 61,500 | D |
| Employee Stock Option (right to buy)F3 | $39.10 | holding | — | — | — | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 115,300 | 115,300 | D |
| Employee Stock Option (right to buy)F3 | $29.60 | holding | — | — | — | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 121,400 | 121,400 | D |
| Employee Stock Option (right to buy)F3 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 34,700 | 34,700 | D |
| Employee Stock Option (right to buy)F3 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 27,863 | 27,863 | D |
| Employee Stock Option (right to buy)F3 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 31,495 | 31,495 | D |
| Employee Stock Option (right to buy)F3 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 36,145 | 36,145 | D |
Explanation of responses
- F1Shares were withheld to satisfy tax withholding obligations and pay exercise price.
- F2Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of November 17, 2016.
- F3The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.