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

Feb 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2011-01-31

Reporting Person: RASSIEUR BENJAMIN F III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-31	Common Stock	A	304	$41.13	Acquired	14219	Direct

Footnotes

F1: Stock holdings adjusted to include 5% stock dividend. Record date 12/06/2010. Payable date 12/20/2010.

F2: Shares purchased under Commerce Bancshares, Inc. stock purchase plan for non-employee directors.