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

Aug 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2016-07-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-28	Common Stock	S	50000	$47.2187	Disposed	1242407	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44221	Indirect
Common Stock	17045	Indirect
Common Stock	38241	Indirect
Common Stock	30642	Indirect
Common Stock	7899	Indirect
Common Stock	92841	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 $47.10 to $47.41.