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Director's Dealing 2016

Nov 17, 2016

30742_dirs_2016-11-17_03d7fef3-1eae-4564-a471-64784131e595.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2016-11-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-15	Common Stock	S	40000	$56.7252	Disposed	1152407	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44655	Indirect
Common Stock	17045	Indirect
Common Stock	30642	Indirect
Common Stock	7899	Indirect
Common Stock	115453	Indirect
Common Stock	30826	Indirect
Common Stock	68035	Indirect
Common Stock	30897	Indirect
Common Stock	8152	Indirect
Common Stock	245485	Indirect

Footnotes

F1: Sale prices ranged from $56.50 to $57.14.

F2: The reporting person no longer has a reportable beneficial interest in 38,241 shares of CBSH common stock owned by his daughter and included in the reporting person's prior ownership reports.