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

Apr 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2013-04-17

Reporting Person: LEADBEATER SETH M (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-17	Common Stock	A	7361	—	Acquired	90306	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-04-17	Stock Appreciation Rights	$39.02	A	6498	Acquired	2023-04-17	Common Stock (6498)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6384	Indirect

Footnotes

F1: The stock appreciation right vests in four equal annual installments beginning on April 17, 2014.