COMMERCE BANCSHARES INC /MO/ — Director's Dealing 2022

Mar 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK: 0000022356
Period of Report: 2022-03-03

Reporting Person: STEINER PAUL A (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-03	Common Stock	A	1171	—	Acquired	2608	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-03	Stock Appreciation Rights	$71.50	A	637	Acquired	2032-03-03	Common Stock (637)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4961	Indirect

Footnotes

F1: The stock appreciation right vests in four equal annual installments beginning March 3, 2023.