SEC Form 4 · accession 0000028412-18-000052
COMERICA INC /NEW/ · CMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis C Farmer
Officer — President
Period of report
Jan 27, 2018
Accepted (ET)
Jan 30, 2018 · 5:39 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 27, 2018 | F | 574 | $95.81 | D | 75,273 | D | |
| Common StockF2 | Jan 29, 2018 | M | 6,385 | $49.51 | A | 81,658 | D | |
| Common StockF3,F2 | Jan 29, 2018 | S | 6,385 | $96.309 | D | 75,273 | D | |
| Common StockF2 | Jan 29, 2018 | M | 5,415 | $42.32 | A | 80,688 | D | |
| Common StockF4,F2 | Jan 29, 2018 | S | 5,415 | $96.233 | D | 75,273 | D | |
| Common StockF2 | Jan 29, 2018 | M | 5,647 | $32.97 | A | 80,920 | D | |
| Common StockF5,F2 | Jan 29, 2018 | S | 5,647 | $95.771 | D | 75,273 | D | |
| Common StockF2 | Jan 29, 2018 | M | 1,423 | $67.66 | A | 76,696 | D | |
| Common StockF6,F2 | Jan 29, 2018 | S | 1,423 | $95.666 | D | 75,273 | 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 | $49.51 | Jan 29, 2018 | M | 6,385 | D | Jan 21, 2015 | Jan 21, 2024 | Common Stock | 6,385 | 0 | D |
| Employee Stock Option (right to buy)F7 | $42.32 | Jan 29, 2018 | M | 5,415 | D | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 5,415 | 1,805 | D |
| Employee Stock Option (right to buy)F7 | $32.97 | Jan 29, 2018 | M | 5,647 | D | Jan 26, 2017 | Jan 26, 2026 | Common Stock | 5,647 | 5,648 | D |
| Employee Stock Option (right to buy)F7 | $67.66 | Jan 29, 2018 | M | 1,423 | D | Jan 24, 2018 | Jan 24, 2027 | Common Stock | 1,423 | 4,272 | D |
| Employee Stock Option (right to buy)F7 | $95.25 | holding | — | — | — | Jan 23, 2019 | Jan 23, 2028 | Common Stock | 4,935 | 4,935 | D |
Explanation of responses
- F1Includes shares acquired through employee stock plans and restricted stock units as of January 27, 2018.
- F2Includes shares acquired through employee stock plans and restricted stock units as of January 29, 2018.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.17 to $96.42, 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 footnote 3 to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.95 to $96.37, 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 footnote 4 to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.64 to $96.00, 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 footnote 5 to this Form 4.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.55 to $95.76, 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 footnote 6 to this Form 4.
- F7The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.