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COMERICA INC Director's Dealing 2010

Feb 23, 2010

30676_dirs_2010-02-23_c39f1e4a-b6db-43f0-b785-7ce54337248e.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: 2010-02-19

Reporting Person: FARMER CURTIS C (EVP/Wealth & Inst Mgmt.)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-19 Phantom Stock Units $ A 491 Acquired 2011-02-05 Common Stock (491) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 19147 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $21.95 2018-01-14 Common Stock (18750) 18750 Direct
Employee Stock Option (right to buy) $17.32 2019-01-27 Common Stock (13725) 13725 Direct

Footnotes

F1: Includes shares acquired through employee stock plans as of February 19, 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.