COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2017

Dec 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2017-12-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-11	Common Stock	S	55000	$55.0564	Disposed	1042885	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	50070	Indirect
Common Stock	18791	Indirect
Common Stock	33782	Indirect
Common Stock	8707	Indirect
Common Stock	129280	Indirect
Common Stock	33985	Indirect
Common Stock	33870	Indirect
Common Stock	8986	Indirect
Common Stock	270646	Indirect

Footnotes

F1: Sale prices ranged from $54.93 to $55.28.

F2: All stock holding balances adjusted to included a 5% stock dividend. Record date of 11/30/2017 and payable 12/18/2017.