Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  OBERG JAY K.
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2019
3. Issuer Name and Ticker or Trading Symbol
COMERICA INC /NEW/ [CMA]
(Last)
(First)
(Middle)
1717 MAIN STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP-Chief Risk Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75201
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 26,035 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 01/25/2012(2) 01/25/2021 Common Stock 1,500 $ 39.1 D  
Employee Stock Option (right to buy) 01/24/2013(2) 01/24/2022 Common Stock 4,000 $ 29.6 D  
Employee Stock Option (right to buy) 01/22/2014(2) 01/22/2023 Common Stock 3,000 $ 33.79 D  
Employee Stock Option (right to buy) 01/21/2015(2) 01/21/2024 Common Stock 2,205 $ 49.51 D  
Employee Stock Option (right to buy) 01/27/2016(2) 01/27/2025 Common Stock 2,640 $ 42.32 D  
Employee Stock Option (right to buy) 01/26/2017(2) 01/26/2026 Common Stock 2,130 $ 32.97 D  
Employee Stock Option (right to buy) 01/24/2018(2) 01/24/2027 Common Stock 1,010 $ 67.66 D  
Employee Stock Option (right to buy) 01/23/2019(2) 01/23/2028 Common Stock 805 $ 95.25 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
OBERG JAY K.
1717 MAIN STREET
DALLAS, TX 75201
      EVP-Chief Risk Officer  

Signatures

/s/ Jennifer S. Perry, on behalf of Jay K. Oberg through Power of Attorney 01/07/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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 restricted stock units as of January 1, 2019.
(2) The options vest in four equal annual installments (based on the original grant amount) beginning on the date indicated in this column.
 
Remarks:
Ex.24 - Power of Attorney for Jay K. Oberg

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