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

Jul 8, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2016-07-01

Reporting Person: Roller David L. (Senior Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5053	Direct
Common Stock	863	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Rights	$33.7069	2023-04-17	Common Stock (939)		Direct
Stock Appreciation Rights	$40.3719	2024-03-05	Common Stock (695)		Direct
Stock Appreciation Rights	$39.9238	2025-03-03	Common Stock (1670)		Direct
Stock Appreciation Rights	$43.91	2026-03-01	Common Stock (1556)		Direct

Footnotes

F1: The stock appreciation rights vest in four equal annual installments beginning on April 17, 2014.

F2: The stock appreciation rights vest in four equal annual installments beginning on March 5, 2015.

F3: The stock appreciation rights vest in four equal annual installments beginning on March 3, 2016.

F4: The stock appreciation rights vest in four equal annual installments beginning on March 1, 2017.