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Legacy Sterling Warrant Information


CMP WW
CUSIP No. 200340123

The terms of the legacy Sterling Warrants to purchase Comerica common stock (expiring December 12, 2018) provide for certain adjustments to the Exercise Price and Warrant Share Number in connection with each quarterly common stock dividend in excess of $0.2326. The table below summarizes these adjustments through the most recent dividend record date.

Links to the related Warrant Agreement, Form of Warrant, and the notice and statement issued in connection with the current dividend record date, can be found below. Please review these documents for additional information regarding any adjustments.

Dividend Record DateExercise PriceWarrant Share Number
Original terms $7.180 1.00
July 28, 2011 $7.180 0.2365
June 15, 2017 $7.177 0.24
September 15, 2017 $7.170 0.24
December 15, 2017 $7.164 0.24
March 15, 2018 $7.159 0.24
June 15, 2018 $7.151 0.24

 

Warrant Agreement, dated June 9, 2010
Appointment of Wells Fargo Bank, N.A. as successor Warrant Agent
Form of Warrant

Notice to Warrantholders, dated June 1, 2017
Statement of Adjustment, dated June 13, 2017
Form 8937 dated as of June 14, 2017

Notice to Warrantholders, dated July 26, 2017
Statement of Adjustment, dated September 14, 2017
Form 8937, dated as of September 14, 2017

Notice to Warrantholders, dated November 8, 2017
Statement of Adjustment, dated December 14, 2017
Form 8937 dated as of December 14, 2017

Notice to Warrantholders, dated January 24, 2018
Statement of Adjustment, dated March 14, 2018
Form 8937, dated as of March 15, 2018

Notice to Warrantholders, dated April 24, 2018
Statement of Adjustment, dated as of June 14, 2018
Form 8937, dated as of June 27, 2018