CASS INFORMATION SYSTEMS INC — Director's Dealing 2013

May 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2013-05-20

Reporting Person: MATHIAS ROBERT J (President, Cass Bank)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-20	Common Stock	M	4658	$21.3	Acquired	15587	Direct
2013-05-20	Common Stock	D	2209	$44.92	Disposed	13378	Direct
2013-05-20	Common Stock	F	816	$44.92	Disposed	12562	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-20	Stock Appreciation Rights	$21.30	M	4658	Disposed	2019-01-19	Common Stock (4658)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$24.93	2020-01-25	Common Stock (2899)	2899	Direct
Stock Appreciation Rights	$29.95	2021-01-24	Common Stock (8823)	8823	Direct
Stock Appreciation Rights	$33.56	2022-01-23	Common Stock (8976)	8976	Direct
Stock Appreciation Rights	$42.14	2023-01-21	Common Stock (8241)	8241	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.