COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2005

Dec 22, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2005-12-22

Reporting Person: KIM CHARLES G (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-22	Common Stock	M	488	$20.1306	Acquired	11653	Direct
2005-12-22	Common Stock	M	5280	$20.1306	Acquired	16933	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-22	Stock Option (right to buy)	$20.1306	M	488	Disposed	2007-02-05	Common Stock (488)	Direct
2005-12-22	Stock Option (right to buy)	$20.1306	M	5280	Disposed	2007-02-05	Common Stock (5280)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8537	Indirect