SEC Form 4 · accession 0000028412-18-000033
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
Jan 23, 2018
Accepted (ET)
Jan 25, 2018 · 4:24 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,F2 | Jan 23, 2018 | A | 1,690 | $0.00 | A | 37,030 | D | |
| Common StockF3 | Jan 24, 2018 | M | 15,000 | $34.78 | A | 52,030 | D | |
| Common StockF3 | Jan 24, 2018 | F | 8,232 | $95.53 | D | 43,798 | 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)F5 | $34.78 | Jan 24, 2018 | M | 15,000 | D | Jan 26, 2011 | Jan 26, 2020 | Common Stock | 15,000 | 0 | D |
| Employee Stock Option (right to buy)F5 | $95.25 | Jan 23, 2018 | A | 2,115 | A | Jan 23, 2019 | Jan 23, 2028 | Common Stock | 2,115 | 2,115 | D |
| Employee Stock Option (right to buy)F5 | $39.10 | holding | — | — | — | Jan 25, 2012 | Jan 25, 2021 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option (right to buy)F5 | $29.60 | holding | — | — | — | Jan 24, 2013 | Jan 24, 2022 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option (right to buy)F5 | $33.79 | holding | — | — | — | Jan 22, 2014 | Jan 22, 2023 | Common Stock | 2,000 | 2,000 | D |
| Employee Stock Option (right to buy)F5 | $49.51 | holding | — | — | — | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 1,857 | 1,857 | D |
| Employee Stock Option (right to buy)F5 | $42.32 | holding | — | — | — | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,500 | 3,500 | D |
| Employee Stock Option (right to buy)F5 | $32.97 | holding | — | — | — | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 4,520 | 4,520 | D |
| Employee Stock Option (right to buy)F5 | $67.66 | holding | — | — | — | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 2,530 | 2,530 | D |
Explanation of responses
- F1Restricted stock units awarded under Issuer's Long-Term Incentive Plan.
- F2Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of January 23, 2018.
- F3Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of January 24, 2018.
- F4Shares were withheld to satisfy tax withholding obligations and pay exercise price.
- F5The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.