SEC Form 4 · accession 0000028412-17-000014
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judith S Love
Officer — Executive Vice President
Period of report
Jan 20, 2017
Accepted (ET)
Jan 24, 2017 · 4:22 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 StockF1 | Jan 20, 2017 | M | 5,400 | $37.45 | A | 26,619 | D | |
| Common StockF2,F1 | Jan 20, 2017 | S | 5,400 | $66.788 | D | 21,219 | D | |
| Common StockF1 | Jan 20, 2017 | M | 12,000 | $34.78 | A | 33,219 | D | |
| Common StockF3,F1 | Jan 20, 2017 | S | 12,000 | $66.763 | D | 21,219 | D | |
| Common StockF1 | Jan 20, 2017 | M | 19,500 | $39.10 | A | 40,719 | D | |
| Common StockF4,F1 | Jan 20, 2017 | S | 19,500 | $66.76 | D | 21,219 | D | |
| Common StockF5 | Jan 21, 2017 | F | 611 | $66.96 | D | 20,608 | D | |
| Common StockF6 | Jan 22, 2017 | F | 327 | $66.96 | D | 20,281 | 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)F7 | $37.45 | Jan 20, 2017 | M | 5,400 | D | Jan 22, 2009 | Jan 22, 2018 | Common Stock | 5,400 | 0 | D |
| Employee Stock Option (right to buy)F7 | $34.78 | Jan 20, 2017 | M | 12,000 | D | Jan 26, 2011 | Jan 26, 2020 | Common Stock | 12,000 | 0 | D |
| Employee Stock Option (right to buy)F7 | $39.10 | Jan 20, 2017 | M | 19,500 | D | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 19,500 | 0 | D |
| Employee Stock Option (right to buy)F7 | $29.60 | holding | — | — | — | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 14,000 | 14,000 | D |
| Employee Stock Option (right to buy)F7 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 7,000 | 7,000 | D |
| Employee Stock Option (right to buy)F7 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 2,863 | 2,863 | D |
| Employee Stock Option (right to buy)F7 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,335 | 3,335 | D |
| Employee Stock Option (right to buy)F7 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 4,520 | 4,520 | D |
Explanation of responses
- F1Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of January 20, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.72 to $66.87, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.67 to $66.88, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.68 to $66.86, inclusive.
- F5Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of January 21, 2017.
- F6Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of January 22, 2017.
- F7The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.