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COMMERCE BANCSHARES INC /MO/ Director's Dealing 2013

May 20, 2013

30742_dirs_2013-05-20_4aa11bfe-cfc5-4c8b-8877-3e93996a9c9b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2013-05-17

Reporting Person: FOSTER SARA E (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-17 Common Stock M 13957 $32.1595 Acquired 42625 Direct
2013-05-17 Common Stock S 13957 $42.6941 Disposed 28668 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-17 Non-qualified Stock Option (Right to Buy) $32.1594 M 13957 Disposed 2014-03-05 Common Stock (13957) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 17006 Indirect

Footnotes

F1: Sale prices ranged from $42.670 to $42.749.