COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2014

Aug 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2014-08-25

Reporting Person: KEMPER JONATHAN M (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-25	Common Stock	S	50000	$46.0826	Disposed	104188	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	38329	Indirect
Common Stock	15461	Indirect
Common Stock	34686	Indirect
Common Stock	20629	Indirect
Common Stock	14330	Indirect
Common Stock	1281114	Direct
Common Stock	79470	Indirect
Common Stock	68211	Indirect
Common Stock	28025	Indirect
Common Stock	7395	Indirect
Common Stock	222663	Indirect

Footnotes

F1: Sale prices ranged from $46.00 to $46.31.