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CASS INFORMATION SYSTEMS INC Director's Dealing 2014

Dec 12, 2014

32783_dirs_2014-12-12_ce65fe6f-2f85-49b2-824d-a6201dde1630.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2014-12-11

Reporting Person: BRUNNGRABER ERIC H (Director, President, CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-11 Common Stock S 3603 $47.64 Disposed 53057 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Appreciation Rights $23.48 2018-01-21 Common Stock (11158) 11158 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
Stock Appreciation Rights $61.64 2024-01-27 Common Stock (10880) 10880 Direct

Footnotes

F1: The price reported is a weighted average price. The individual sale prices for the transactions combined here range from a low of $47.55 to a high of $47.695. Mr. Brunngraber undertakes to provide upon request by the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

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

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