John W. Kemper - Feb 2, 2022 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role: President and CEO, Director
Signature: By: Paul A. Steiner For: John W. Kemper
Stock symbol: CBSH
Transactions as of: Feb 2, 2022
Transactions value $: -$890,932
Form type: 4
Date filed: 2/4/2022, 02:56 PM
Previous filing: Feb 2, 2022
Next filing: Mar 25, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBSH	Common Stock	Award	$0	+28.2K	+16.68%	$0.00	197K	Feb 2, 2022	Direct
transaction	CBSH	Common Stock	Sale	-$891K	-12.8K	-6.5%	$69.45	184K	Feb 2, 2022	Direct	F1
holding	CBSH	Common Stock						234K	Feb 2, 2022	Tower Properties Co

Showing 1 to 3 of 3 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CBSH	Stock Appreciation Rights	Award	$0	+31.4K		$0.00	31.4K	Feb 2, 2022	Common Stock	31.4K	$69.57	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Sale prices ranged from $69.12 to $69.92.
F2	The stock appreciation right vests in four equal annual installments beginning February 2, 2023.