CASS INFORMATION SYSTEMS INC — Director's Dealing 2014

Jan 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2014-01-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-25	Common Stock	F	881	$60.98	Disposed	54021	Direct
2014-01-28	Common Stock	F	250	$65.1	Disposed	53771	Direct
2014-01-28	Common Stock	F	260	$60.98	Disposed	53511	Direct
2014-01-28	Common Stock	A	3149	—	Acquired	56660	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-28	Stock Appreciation Rights	$61.64	A	10880	Acquired	2024-01-27	Common Stock (10880)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$23.48	2018-01-21	Common Stock (4980)	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

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: Restricted stock bonus award; over 3 year vesting period, restrictions expire in one-third increments on the anniversary date of the award.