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

Apr 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2017-04-19

Reporting Person: KEMPER DAVID W (Director, Chairman of the Board, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-19	Common Stock	S	13973	$54.3178	Disposed	1227014	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11569	Indirect
Common Stock	17083	Indirect
Common Stock	11569	Indirect
Common Stock	17083	Indirect
Common Stock	14529	Indirect
Common Stock	17082	Indirect
Common Stock	23673	Indirect
Common Stock	257759	Indirect
Common Stock	11562	Indirect
Common Stock	17076	Indirect

Footnotes

F1: Sale prices ranged from $54.18 to $54.44.