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: PICKERING JOHN F (COO Transportation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-25	Common Stock	F	290	$60.98	Disposed	21545	Direct
2014-01-28	Common Stock	F	47	$65.1	Disposed	21498	Direct
2014-01-28	Common Stock	F	50	$60.98	Disposed	21448	Direct
2014-01-28	Common Stock	A	1038	—	Acquired	22486	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-28	Stock Appreciation Rights	$61.64	A	3587	Acquired	2024-01-27	Common Stock (3587)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20167	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$24.93	2020-01-25	Common Stock (2488)	2488	Direct
Stock Appreciation Rights	$29.95	2021-01-24	Common Stock (7364)	7364	Direct
Stock Appreciation Rights	$33.56	2022-01-23	Common Stock (7371)	7371	Direct
Stock Appreciation Rights	$42.14	2023-01-21	Common Stock (6852)	6852	Direct

Footnotes

F1: Includes restricted stock bonus shares, subject to vesting and forfeiture.

F2: Over a three-year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.

F3: Restricted stock bonus award; over 3 year vesting period, restrictions expire in one-third increments on the anniversary date of the award.