CASS INFORMATION SYSTEMS INC — Director's Dealing 2013

Feb 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2013-02-15

Reporting Person: BRUNNGRABER ERIC H (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-15	Common Stock	S	1701	$41	Disposed	54119	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$23.48	2018-01-21	Common Stock (20473)	20473	Direct
Stock Appreciation Rights	$21.30	2019-01-19	Common Stock (6844)	6844	Direct
Stock Appreciation Rights	$24.93	2020-01-25	Common Stock (6501)	6501	Direct
Stock Appreciation Rights	$29.95	2021-01-24	Common Stock (20065)	20065	Direct
Stock Appreciation Rights	$33.56	2022-01-23	Common Stock (20919)	20919	Direct
Stock Appreciation Rights	$42.14	2023-01-21	Common Stock (20253)	20253	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.

F3: Represents average weighted sales price. Actual prices ranged from $40.96 to $41.1. Individual transaction details available upon request.