SEC Form 4 · accession 0000028412-17-000106
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul R Obermeyer
Officer — Executive Vice President
Period of report
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 5:05 pm EDT
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,F1 | Aug 23, 2017 | S | 7,471 | $70.237 | D | 12,670 | D | |
| Common StockF1 | Aug 23, 2017 | M | 3,000 | $39.10 | A | 15,670 | D | |
| Common StockF3,F1 | Aug 23, 2017 | S | 3,000 | $70.245 | D | 12,670 | D | |
| Common StockF1 | Aug 23, 2017 | M | 6,350 | $29.60 | A | 19,020 | D | |
| Common StockF4,F1 | Aug 23, 2017 | S | 6,350 | $70.253 | D | 12,670 | D | |
| Common StockF1 | Aug 23, 2017 | M | 3,500 | $33.79 | A | 16,170 | D | |
| Common StockF5,F1 | Aug 23, 2017 | S | 3,500 | $70.245 | D | 12,670 | D | |
| Common Stock | holding | — | — | — | 119 | I | By Paul R. and Cindy S. Obermeyer Revocable Trust |
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 | $39.10 | Aug 23, 2017 | M | 3,000 | D | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 3,000 | 0 | D |
| Employee Stock Option (right to buy)F6 | $29.60 | Aug 23, 2017 | M | 6,350 | D | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 6,350 | 0 | D |
| Employee Stock Option (right to buy)F6 | $33.79 | Aug 23, 2017 | M | 3,500 | D | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 3,500 | 0 | D |
| Employee Stock Option (right to buy)F6 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 2,979 | 2,979 | D |
| Employee Stock Option (right to buy)F6 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,455 | 3,255 | D |
| Employee Stock Option (right to buy)F6 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 4,025 | 4,025 | D |
| Employee Stock Option (right to buy) | $67.66 | holding | — | — | — | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 2,085 | 2,085 | D |
Explanation of responses
- F1Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock held pursuant to a deferred compensation plan as of August 23, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.02 to $70.46, 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 $70.11 to $70.49, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.09 to $70.60, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.09 to $70.51, inclusive.
- F6The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.