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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 51.43 | 01/22/2002(2) | 05/02/2011 | Common Stock | 75,000 | 75,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 54.95 | 10/01/2002(2) | 09/30/2011 | Common Stock | 50,000 | 50,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 63.2 | 01/21/2003(2) | 04/17/2012 | Common Stock | 125,000 | 125,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 40.32 | 01/27/2004(2) | 04/17/2013 | Common Stock | 120,000 | 70,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 52.5 | 01/26/2005(2) | 04/16/2014 | Common Stock | 150,000 | 150,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 54.99 | 01/25/2006(2) | 04/21/2015 | Common Stock | 175,000 | 175,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 56.47 | 01/24/2007(2) | 02/15/2016 | Common Stock | 100,000 | 100,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 58.98 | 01/23/2008(2) | 01/23/2017 | Common Stock | 100,000 | 100,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 37.45 | 01/22/2009(2) | 01/22/2018 | Common Stock | 100,000 | 100,000 | D | ||||||||
Employee Stock Option (right to buy) | $ 17.32 | 01/27/2010(2) | 01/27/2019 | Common Stock | 83,600 | 83,600 | D | ||||||||
Phantom Stock Units (3) | (4) | 07/09/2010 | A | 1,771 | 02/05/2011(5) | 02/05/2011(5) | Common Stock | 1,771 | $ 0 | 19,719 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BABB RALPH W JR COMERICA INCORPORATED 1717 MAIN STREET, MC 6400 DALLAS, TX 75201 |
X | Chairman, President & CEO |
/s/ Nicole V. Gersch, on behalf of Ralph W. Babb, Jr. through Power of Attorney | 07/13/2010 | |
**Signature of Reporting Person | Date |
* | 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). |
(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 July 9, 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. |