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

May 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2016-05-20

Reporting Person: Kemper John W (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-20	Common Stock	G	43	—	Disposed	101646	Direct
2016-05-26	Common Stock	G	93	—	Disposed	101553	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	245485	Indirect