Edgar Filing: GUMMER CHARLES L

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

o	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Name and Address of Reporting
Person*

Issuer Name and Ticker or Trading
Symbol

I.R.S. Identification Number of Reporting
Person, if an entity (Voluntary)

Gummer, Charles L.

(Last) (First) (Middle)

Comerica Incorporated (CMA)

Comerica Bank-Texas
1601 Elm Street

(Street)

Statement for Month/Day/Year

If Amendment, Date of Original (Month/Day/Year)

March 14, 2003

Relationship of Reporting Person(s)
to Issuer (Check All Applicable)

Individual or Joint/Group Filing
(Check Applicable Line)

Dallas, TX 75201

(City) (State) (Zip)

Director

10% Owner

Form Filed by One Reporting Person

Officer (give title below)

Form Filed by More than One Reporting Person

Other (specify below)

President and CEO, Comerica Bank-Texas

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).

Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Title of Security
(Instr. 3)

Transaction
Date
(Month/Day/Year)

2A.

Deemed Execution
Date, if any
(Month/Day/Year)

Transaction
Code
(Instr. 8)

Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5)

Amount of Sec-
urities Beneficially
Owned Following
Reported Trans-
action(s)
(Instr. 3 and 4)

Ownership
Form:
Direct (D) or
Indirect (I)
(Instr. 4)

Nature of
Indirect
Beneficial
Ownership
(Instr. 4)

Code

Amount

(A)
or
(D)

Price

Common Stock

3/14/03

5,000 (A)

64,157 (1)

Common Stock

4,475 (2)

401 (k) Plan

Common Stock

1,500

By Spouse

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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)

										Code	V		(A)	(D)

	Employee Stock Option (Right to Buy)			$18.00

	Employee Stock Option (Right to Buy)			$18.59

	Employee Stock Option (Right to Buy)			$25.42

	Employee Stock Option (Right to Buy)			$40.25

	Employee Stock Option (Right to Buy)			$71.58

	Employee Stock Option (Right to Buy)			$66.81

	Employee Stock Option (Right to Buy)			$41.50

	Employee Stock Option (Right to Buy)			$51.43

	Employee Stock Option (Right to Buy)			$63.20

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued (e.g., puts, calls, warrants, options, convertible securities)

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)

	Date Exercisable	Expiration Date		Title	Amount or Number of Shares

	(3)	4/19/2004		Common Stock	14,250					14,250		D

	(4)	4/18/2005		Common Stock	16,500					16,500		D

	(5)	4/14/2006		Common Stock	18,000					18,000		D

	(6)	4/20/2007		Common Stock	18,000					18,000		D

	(7)	3/30/2008		Common Stock	25,000					25,000		D

	(8)	3/19/2009		Common Stock	25,000					25,000		D

	(9)	3/17/2010		Common Stock	18,000					18,000		D

	(10)	5/02/2011		Common Stock	15,800					15,800		D

	(11)	4/17/2012		Common Stock	24,800					24,800		D

Explanation of Responses:

(A) Shares acquired under the Company’s long term incentive plan. Shares will vest on March 14, 2008.
(1) Includes shares acquired in the Corporation’s employee stock purchase plan and acquired in the other Corporation’s stock, including deferral, plans as of December 31, 2002.
(2) As of December 31, 2002
(3) These options vested in four equal annual installments beginning on January 20, 1995.
(4) These options vested in four equal annual installments beginning on January 19, 1996.
(5) These options vested in four equal annual installments beginning on January 17, 1997.
(6) These options vested in four equal annual installments beginning on January 20, 1998.
(7) These options vested in four equal annual installments beginning on January 15, 1999.
(8) These options vested in four equal annual installments beginning on January 14, 2000.
(9) These options vested in four equal annual installments beginning on January 19, 2001.
(10) These options vested in four equal annual installments beginning on January 22, 2002.
(11) These options vested in four equal annual installments beginning on January 21, 2003.

/s/ Carol H. Rodriguez		March 17, 2003
**Signature of Reporting Person Carol H. Rodriguez, on behalf of Charles L. Gummer		Date

**		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.

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