COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2003

Jun 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2003-06-27

Reporting Person: KEMPER DAVID W (Director, Chairman, CEO and President)

Footnotes

F1: In the Section 16 Electronic Reporting Frequently Asked Questions released by the SEC on May 1, 2003, the SEC has designated 08/08/1988 as a dummy date until the electronic system is modified. This line reports end of period holdings, and 08/08/1988 is not a transaction date related to these securities.

F2: No transaction in these holdings is being reported on this Form.

F3: Acquired pursuant to Commerce Bancshares deferred compensation plan.