SEC Form 4 · accession 0000028412-17-000046
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H Michalak
Officer — EVP - Chief Risk Officer
Period of report
Feb 9, 2017
Accepted (ET)
Feb 13, 2017 · 4:03 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 | Feb 9, 2017 | M | 7,000 | $37.45 | A | 44,543 | D | |
| Common StockF1 | Feb 9, 2017 | F | 5,281 | $68.91 | D | 39,262 | 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 | $37.45 | Feb 9, 2017 | M | 7,000 | D | Jan 22, 2009 | Jan 22, 2018 | Common Stock | 7,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $17.32 | holding | — | — | — | Jan 27, 2010 | Jan 27, 2019 | Common Stock | 7,000 | 7,000 | D |
| Employee Stock Option (right to buy)F3 | $34.78 | holding | — | — | — | Jan 26, 2011 | Jan 26, 2020 | Common Stock | 15,000 | 15,000 | D |
| Employee Stock Option (right to buy)F3 | $39.10 | holding | — | — | — | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option (right to buy)F3 | $29.60 | holding | — | — | — | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option (right to buy)F3 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 2,000 | 2,000 | D |
| Employee Stock Option (right to buy)F3 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 1,857 | 1,857 | D |
| Employee Stock Option (right to buy)F3 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,500 | 3,500 | D |
| Employee Stock Option (right to buy)F3 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 4,520 | 4,520 | D |
| Employee Stock Option (right to buy)F3 | $67.66 | holding | — | — | — | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 2,530 | 2,530 | 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 February 9, 2017.
- 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.