FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Burkhart Megan D
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)
EVP - Chief HR Officer
(Last)          (First)          (Middle)

1717 MAIN STREET, MC 6515
3. Date of Earliest Transaction (MM/DD/YYYY)

2/26/2019
(Street)

DALLAS, TX 75201
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/26/2019     A    10901   (1) A $0   36596   (2) D  
 
Common Stock   2/26/2019     F    4290   D $86.37   32306   (2) D  
 
Common Stock   2/27/2019     S    5922   D $87.548   26384   (3) D  
 
Common Stock   2/27/2019     S    307   D $87.554   26077   (3) D  
 
Common Stock   2/27/2019     S    500   D $87.564   25577   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.57   25477   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.571   25377   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.572   25277   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.572   25177   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.573   25077   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.573   24977   (3) D  
 
Common Stock   2/27/2019     S    100   D $87.573   24877   (3) D  
 
Common Stock   2/27/2019     S    10   D $87.574   24867   (3) D  
 
Common Stock   2/27/2019     S    4   D $87.578   24863   (3) D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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)   $49.51                    1/24/2015   (4) 1/21/2024   Common Stock   2786     2786   D  
 
Employee Stock Option (right to buy)   $42.32                    1/27/2016   (4) 1/27/2025   Common Stock   3325     3325   D  
 
Employee Stock Option (right to buy)   $32.97                    1/26/2017   (4) 1/26/2026   Common Stock   3815     3815   D  
 
Employee Stock Option (right to buy)   $67.66                    1/24/2018   (4) 1/24/2027   Common Stock   2050     2050   D  
 
Employee Stock Option (right to buy)   $95.25                    1/23/2019   (4) 1/23/2028   Common Stock   1615     1615   D  
 
Employee Stock Option (right to buy)   $80.17                    1/22/2020   (4) 1/22/2029   Common Stock   2265     2265   D  
 

Explanation of Responses:
(1)  On January 26, 2016, a "target" award of 8,645 performance restricted stock units ("SELTPP units") was granted to the reporting person pursuant to Comerica Incorporated's long-term incentive plan. The SELTPP units are settled in stock and vest in one installment following certification of results for a three-year performance period. The performance period ended on December 31, 2018, and on February 26, 2019, the SELTPP units vested upon Comerica's Governance, Compensation and Nominating Committee certification that (1) performance was achieved at 126.1% based upon satisfaction of a three-year average return on common equity excluding certain nonperformance items performance goal and (2) the negative total shareholder return modifier of 10 percentage points would not be applied based upon satisfaction of a relative total shareholder return goal.
(2)  Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and restricted stock units as of February 26, 2019.
(3)  Includes shares acquired through employee stock plans, shares purchased with reinvested dividends and restricted stock units as of February 27, 2019.
(4)  The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Burkhart Megan D
1717 MAIN STREET
MC 6515
DALLAS, TX 75201


EVP - Chief HR Officer

Signatures
/s/ Jennifer S. Perry, on behalf of Megan D. Burkhart through Power of Attorney 2/28/2019
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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