COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2016

Dec 20, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2016-12-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-05	Common Stock	G	44409	—	Disposed	1165618	Direct
2016-12-12	Common Stock	G	344	—	Disposed	71092	Indirect
2016-12-19	Common Stock	A	443	$58.5316	Acquired	121668	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	46887	Indirect
Common Stock	17897	Indirect
Common Stock	32174	Indirect
Common Stock	8293	Indirect
Common Stock	32367	Indirect
Common Stock	32441	Indirect
Common Stock	8559	Indirect
Common Stock	257759	Indirect

Footnotes

F1: All stock holding balances adjusted to include a 5% stock dividend. Record date of 12/2/2016 and payable 12/19/2016.