SEC Form 4 · accession 0000028412-16-000324
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Ritchie
Officer — Executive Vice President
Period of report
Nov 22, 2016
Accepted (ET)
Nov 25, 2016 · 3:56 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 22, 2016 | M | 4,000 | $58.98 | A | 23,268 | D | |
| Common StockF2 | Nov 22, 2016 | F | 3,886 | $61.55 | D | 19,382 | D | |
| Common StockF3 | Nov 23, 2016 | S | 114 | $62.054 | D | 19,268 | 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)F4 | $58.98 | Nov 22, 2016 | M | 4,000 | D | Jan 23, 2008 | Jan 23, 2017 | Common Stock | 4,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $39.10 | holding | — | — | — | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 10,800 | 10,800 | D |
| Employee Stock Option (right to buy)F4 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 2,000 | 2,000 | D |
| Employee Stock Option (right to buy)F4 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 2,592 | 2,592 | D |
| Employee Stock Option (right to buy)F4 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,060 | 3,060 | D |
| Employee Stock Option (right to buy)F4 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 4,265 | 4,265 | 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 22, 2016.
- F3Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of November 23, 2016
- F4The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.