COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2011

Dec 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2011-12-19

Reporting Person: FOSTER SARA E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-19	Common Stock	A	35	$36.586	Acquired	18499	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11015	Indirect

Footnotes

F1: Stock holdings adjusted to include 5% stock dividend -- Ex Dividend Date 11/28/2011, payable on 12/19/2011.