CASS INFORMATION SYSTEMS INC — Director's Dealing 2013

Aug 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2013-08-09

Reporting Person: Appelbaum P Stephen (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-09	Common Stock	M	4730	$23.48	Acquired	22920	Direct
2013-08-09	Common Stock	D	1881	$59.06	Disposed	21039	Direct
2013-08-09	Common Stock	F	950	$59.06	Disposed	20089	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-09	Stock Appreciation Rights	$23.48	M	4730	Disposed	2018-01-21	Common Stock (4730)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$21.30	2019-01-19	Common Stock (12468)	12468	Direct
Stock Appreciation Rights	$24.93	2020-01-25	Common Stock (2318)	2318	Direct
Stock Appreciation Rights	$29.95	2021-01-24	Common Stock (6893)	6893	Direct
Stock Appreciation Rights	$33.56	2022-01-23	Common Stock (6889)	6889	Direct
Stock Appreciation Rights	$42.14	2023-01-21	Common Stock (6283)	6283	Direct

Footnotes

F1: Over a three-year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.

F2: Includes restricted stock bonus shares, subject to vesting and forfeiture.