CASS INFORMATION SYSTEMS INC — Director's Dealing 2009

Oct 28, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2009-10-27

Reporting Person: PICKERING JOHN F (COO Transportation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-10-27	Common Stock	S	1000	$31.03	Disposed	36859	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$14.509	2011-01-02	Common Stock (809)	809	Direct
Employee Stock Option (right to buy)	$14.445	2012-01-02	Common Stock (746)	746	Direct
Employee Stock Option (right to buy)	$20.666	2013-01-02	Common Stock (998)	998	Direct
Stock Appreciation Rights	$28.41	2018-01-22	Common Stock (8336)	8336	Direct
Stock Appreciation Rights	$25.77	2019-01-22	Common Stock (10999)	10999	Direct

Footnotes

F1: Includes restricted stock bonus shares, subject to vesting and forfeiture.

F2: Exercisable date may be accelerated based on Company performance.

F3: Over a three-year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.