CASS INFORMATION SYSTEMS INC — Director's Dealing 2014

Jan 2, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CASS INFORMATION SYSTEMS INC (CASS)
CIK: 0000708781
Period of Report: 2013-12-31

Reporting Person: MURRAY HARRY M (EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-05	Common Stock	S	1000	$49.96	Disposed	28998	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$29.95	2021-01-24	Common Stock (2423)	2423	Direct
Stock Appreciation Right	$33.56	2022-01-23	Common Stock (7224)	7224	Direct
Stock Appreciation Rights	$42.14	2023-01-21	Common Stock (6593)	6593	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 shares of restricted stock, subject to vesting and forfeiture.