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COMERICA INC Director's Dealing 2010

Aug 26, 2010

30676_dirs_2010-08-26_72d97f5f-dc1d-4775-a6e3-74f5a9ca57b4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMERICA INC /NEW/ (CMA)
CIK: 0000028412
Period of Report: 2010-08-24

Reporting Person: FULTON J MICHAEL (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-24 Common Stock I 13100 $34.34 Disposed 78098 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $51.43 2011-05-02 Common Stock (16200) 16200 Direct
Employee Stock Option (right to buy) $63.20 2012-04-17 Common Stock (25800) 25800 Direct
Employee Stock Option (right to buy) $40.32 2013-04-17 Common Stock (24700) 24700 Direct
Employee Stock Option (right to buy) $52.50 2014-04-16 Common Stock (40000) 40000 Direct
Employee Stock Option (right to buy) $54.99 2015-04-21 Common Stock (40000) 40000 Direct
Employee Stock Option (right to buy) $56.47 2016-02-15 Common Stock (32000) 32000 Direct
Employee Stock Option (right to buy) $58.98 2017-01-23 Common Stock (32000) 32000 Direct
Employee Stock Option (right to buy) $37.45 2018-01-22 Common Stock (32000) 32000 Direct
Employee Stock Option (right to buy) $17.32 2019-01-27 Common Stock (15700) 15700 Direct
Phantom Stock Units $ 2011-02-05 Common Stock (6021) 6021 Direct
Employee Stock Option (right to buy) $39.16 2020-07-27 Common Stock (18500) 18500 Direct

Footnotes

F1: Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of August 24, 2010.

F2: The options vest in four equal annual installments beginning on the date indicated in this column.

F3: The phantom stock units represent a portion of the reporting person's base salary.

F4: Each phantom stock unit is the economic equivalent of one share of Comerica Incorporated common stock.

F5: Phantom stock units will be settled in cash on the earlier to occur of February 5, 2011 or the reporting person's death.