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: 2016-12-16

Reporting Person: KEMPER DAVID W (Director, Chairman of the Board, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-16	Common Stock	J	2400	$58.1517	Disposed	18993	Indirect
2016-12-19	Common Stock	A	53	$58.5316	Acquired	14468	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11569	Indirect
Common Stock	17083	Indirect
Common Stock	1286166	Direct
Common Stock	11569	Indirect
Common Stock	17083	Indirect
Common Stock	17082	Indirect
Common Stock	257759	Indirect
Common Stock	11562	Indirect
Common Stock	17076	Indirect

Footnotes

F1: Sale prices ranged from $58.15 to $ 58.18.

F2: All stock holding balances adjusted to include a 5% stock dividend. Record date 12/2/2016 and payable 12/19/2016.