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 John W (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-16	Common Stock	S	2400	$58.1517	Disposed	104099	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	257759	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 of 12/2/2016 and payable 12/19/2016.