SEC Form 4 · accession 0000028412-17-000042
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Megan D Burkhart
Officer — EVP - Chief HR Officer
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:15 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 31, 2017 | M | 2,800 | $37.45 | A | 24,550 | D | |
| Common StockF2,F1 | Jan 31, 2017 | S | 2,800 | $68.419 | D | 21,750 | D | |
| Common StockF1 | Jan 31, 2017 | M | 15,000 | $34.78 | A | 36,750 | D | |
| Common StockF3,F1 | Jan 31, 2017 | S | 15,000 | $67.283 | D | 21,750 | D | |
| Common StockF1 | Jan 31, 2017 | M | 11,000 | $39.10 | A | 32,750 | D | |
| Common StockF4,F1 | Jan 31, 2017 | S | 6,139 | $68.102 | D | 26,611 | D | |
| Common StockF5,F1 | Jan 31, 2017 | S | 4,861 | $67.369 | D | 21,750 | 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)F6 | $37.45 | Jan 31, 2017 | M | 2,800 | D | Jan 22, 2009 | Jan 22, 2018 | Common Stock | 2,800 | 0 | D |
| Employee Stock Option (right to buy)F6 | $34.78 | Jan 31, 2017 | M | 15,000 | D | Jan 26, 2011 | Jan 26, 2020 | Common Stock | 15,000 | 0 | D |
| Employee Stock Option (right to buy)F6 | $39.10 | Jan 31, 2017 | M | 11,000 | D | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 11,000 | 0 | D |
| Employee Stock Option (right to buy)F6 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 3,000 | 3,000 | D |
| Employee Stock Option (right to buy)F6 | $49.51 | holding | — | — | — | Jan 24, 2015 | Jan 21, 2024 | Common Stock | 2,786 | 2,786 | D |
| Employee Stock Option (right to buy)F6 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,325 | 3,325 | D |
| Employee Stock Option (right to buy)F6 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 3,815 | 3,815 | D |
| Employee Stock Option (right to buy)F6 | $67.66 | holding | — | — | — | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 2,050 | 2,050 | D |
Explanation of responses
- F1Includes shares acquired through employee stock plans and shares purchased with reinvested dividends as of January 31, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.57, 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), (4) and (5) 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 $66.88 to $67.58, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.58, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.26 to $67.46, inclusive.
- F6The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.