CASS INFORMATION SYSTEMS INC — Director's Dealing 2009

Dec 30, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2009-12-29

Reporting Person: BRUNNGRABER ERIC H (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-29	Common Stock	M	2000	$12.232	Acquired	52301	Direct
2009-12-29	Common Stock	F	794	$30.805	Disposed	51507	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-29	Employee Stock Option (right to buy)	$12.232	M	2000	Disposed	2011-01-03	Common Stock (2000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$9.091	2010-01-04	Common Stock (4410)	198	Direct
Employee Stock Option (right to buy)	$14.747	2012-01-02	Common Stock (2200)	2200	Direct
Employee Stock Option (right to buy)	$20.666	2013-01-02	Common Stock (5425)	5425	Direct
Stock Appreciation Rights	$28.41	2018-01-22	Common Stock (16920)	16920	Direct
Stock Appreciation Rights	$25.77	2019-01-20	Common Stock (27450)	27450	Direct

Footnotes

F1: Exercisable date may be accelerated based on Company performance.

F2: Over a three year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.

F3: Includes shares of restricted stock, subject to vesting and forfeiture.