Patricia R. Kellerhals - Jul 26, 2022 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Signature
/s/ Paul A. Steiner for Patricia R. Kellerhals
Stock symbol
CBSH
Transactions as of
Jul 26, 2022
Transactions value $
-$18,666
Form type
4
Date filed
7/28/2022, 02:16 PM
Previous filing
Feb 8, 2022
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSH Common Stock Options Exercise $29.1K +555 +5.41% $52.40 10.8K Jul 26, 2022 Direct
transaction CBSH Common Stock Options Exercise $22.1K +455 +4.21% $48.50 11.3K Jul 26, 2022 Direct
transaction CBSH Common Stock Tax liability -$5.53K -80 -0.71% $69.12 11.2K Jul 26, 2022 Direct
transaction CBSH Common Stock Disposed to Issuer -$51.2K -741 -6.62% $69.12 10.4K Jul 26, 2022 Direct
transaction CBSH Common Stock Sale -$13.1K -189 -1.81% $69.14 10.3K Jul 26, 2022 Direct
holding CBSH Common Stock 27.9K Jul 26, 2022 401(k)

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 Options Exercise $0 -555 -49.95% $0.00 556 Jul 26, 2022 Common Stock 555 $52.40 Direct F1
transaction CBSH Stock Appreciation Rights Options Exercise $0 -455 -100% $0.00* 0 Jul 26, 2022 Common Stock 455 $48.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock appreciation right vests in four equal annual installments beginning January 23, 2020.
F2 The stock appreciation right vests in four equal annual installments beginning January 24, 2019.