SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GUMMER CHARLES L

(Last) (First) (Middle)
COMERICA BANK
1717 MAIN STREET, MC 6507

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COMERICA INC /NEW/ [ CMA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2010 S 1,100 D $36.152 84,043 (1) D
Common Stock 02/22/2010 S 1,400 D $36.151 82,643 (1) D
Common Stock 02/22/2010 S 2,000 D $36.351 80,643 (1) D
Common Stock 02/22/2010 S 500 D $36.352 80,143 (1) D
Common Stock 1,500 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $41.5 01/19/2001 (2) 03/17/2010 Common Stock 18,000 18,000 D
Employee Stock Option (right to buy) $51.43 01/22/2002 (2) 05/02/2011 Common Stock 15,800 15,800 D
Employee Stock Option (right to buy) $63.2 01/21/2003 (2) 04/17/2012 Common Stock 24,800 24,800 D
Employee Stock Option (right to buy) $40.32 01/27/2004 (2) 04/17/2013 Common Stock 24,500 24,500 D
Employee Stock Option (right to buy) $52.5 01/26/2005 (2) 04/16/2014 Common Stock 25,000 25,000 D
Employee Stock Option (right to buy) $54.99 01/25/2006 (2) 04/21/2015 Common Stock 25,000 25,000 D
Employee Stock Option (right to buy) $56.47 01/24/2007 (2) 02/15/2016 Common Stock 20,500 20,500 D
Employee Stock Option (right to buy) $58.98 01/23/2008 (2) 01/23/2017 Common Stock 25,000 25,000 D
Employee Stock Option (right to buy) $37.45 01/22/2009 (2) 01/22/2018 Common Stock 25,000 25,000 D
Employee Stock Option (right to buy) $17.32 01/27/2010 (2) 01/27/2019 Common Stock 23,300 23,300 D
Phantom Stock Units (3) (4) 02/05/2011 (5) 02/05/2011 (5) Common Stock 383 383 D
Explanation of Responses:
1. Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and stock units held pursuant to a deferred compensation plan as of February 22, 2010.
2. The options vest in four equal annual installments beginning on the date indicated in this column.
3. The phantom stock units represent a portion of the reporting person's base salary.
4. Each phantom stock unit is the economic equivalent of one share of Comerica Incorporated common stock.
5. Phantom stock units will be settled in cash on the earlier to occur of February 5, 2011 or the reporting person's death.
Remarks:
/s/ Nicole V. Gersch, on behalf of Charles L. Gummer 02/24/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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