WAY KENNETH L 4
4 · COMERICA INC /NEW/ · Filed Jul 30, 2009
Insider Transaction Report
Form 4
WAY KENNETH L
Director
Transactions
- Award
Common Stock
2009-07-28+2,552→ 45,942 total
Holdings
- 2,500
Director Stock Option (right to buy)
Exercise: $57.15From: 2002-05-22Exp: 2011-05-20→ Common Stock (2,500 underlying) - 2,500
Director Stock Option (right to buy)
Exercise: $64.50From: 2003-05-21Exp: 2012-05-21→ Common Stock (2,500 underlying) - 2,500
Director Stock Option (right to buy)
Exercise: $53.87From: 2005-05-18Exp: 2014-05-18→ Common Stock (2,500 underlying) - 319
Restricted Stock Units
Exercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (319 underlying) - 2,000
Director Stock Option (right to buy)
Exercise: $44.13From: 2001-05-19Exp: 2010-05-19→ Common Stock (2,000 underlying) - 2,500
Director Stock Option (right to buy)
Exercise: $43.63From: 2004-05-20Exp: 2013-05-20→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Restricted stock units granted pursuant to the Comerica Incorporated Amended and Restated Incentive Plan for Non-Employee Directors. Each restricted stock unit represents an unfunded, unsecured right to receive one share of Comerica common stock. The restricted stock units vest one year after the date of grant and are settled in stock one year after cessation of service on the board.
- [F2]Includes, among other things, stock units held pursuant to deferred director plans, restricted stock units, and shares purchased with reinvested dividends as of July 28, 2009.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Comerica common stock.
- [F4]The restricted stock units vest one year after the date of grant. Vested shares are settled one year after cessation of service on the board.