CASS INFORMATION SYSTEMS INC — Director's Dealing 2010

Jan 6, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2010-01-04

Reporting Person: MURRAY HARRY M (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-04	Common Stock	M	121	$10.00	Acquired	36578	Direct
2010-01-04	Common Stock	F	39	$30.665	Disposed	36539	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-04	Employee Stock Option (right to buy)	$10.00	M	121	Disposed	2010-01-04	Common Stock (121)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$14.509	2011-01-02	Common Stock (131)	131	Direct
Employee Stock Option (right to buy)	$14.445	2012-01-02	Common Stock (500)	500	Direct
Employee Stock Option (right to buy)	$20.666	2013-01-02	Common Stock (1190)	1190	Direct
Stock Appreciation Rights	$28.41	2018-01-22	Common Stock (10421)	10421	Direct
Stock Appreciation Rights	$25.77	2019-01-20	Common Stock (12441)	12441	Direct

Footnotes

F1: Exercise date may be accelerated based on attainment of certain criteria.

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

F3: Includes restricted stock subject to vesting and forfeiture.