COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2013

Jun 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2013-06-03

Reporting Person: Callahan Daniel D. (Exec Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-06-03	Common Stock	M	4428	$32.2176	Acquired	28255	Direct
2013-06-03	Common Stock	S	4428	$43.227	Disposed	23827	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-06-03	Non-qualified Stock Option (Right to Buy)	$32.2176	M	4428	Disposed	2015-03-02	Common Stock (4428)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9132	Indirect
Common Stock	222	Indirect

Footnotes

F1: Sale prices ranged from $43.27 to 43.21.