COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2015

May 21, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2015-05-19

Reporting Person: STRANGHOENER V RAYMOND (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-19	Common Stock	S	3000	$44.5153	Disposed	53894	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6105	Indirect

Footnotes

F1: Sale prices ranged from $44.53 to $44.50.