COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2010

Feb 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2010-02-05

Reporting Person: KEMPER DAVID W (Director, Chairman of the Board, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-05	Common Stock	A	22000	—	Acquired	1186112	Direct
2010-02-05	Common Stock	A	3568	—	Acquired	1189680	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4431	Indirect
Common Stock	12143	Indirect
Common Stock	12144	Indirect
Common Stock	12143	Indirect
Common Stock	12144	Indirect
Common Stock	8522	Indirect
Common Stock	24213	Indirect
Common Stock	1161843	Indirect
Common Stock	50917	Indirect
Common Stock	183186	Indirect
Common Stock	24274	Indirect

Footnotes

F1: Restricted stock award with 1/3 vesting in 5 years, 1/3 vesting in 6 years, and 1/3 vesting in 7 years.

F2: Restricted stock award that vests in 5 years.