Thomas J. Noack - 28 Oct 2022 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Signature
By: Paul A. Steiner For: Thomas J. Noack
Issuer symbol
CBSH
Transactions as of
28 Oct 2022
Net transactions value
-$71,566
Form type
4
Filing time
01 Nov 2022, 12:12:18 UTC
Previous filing
26 Sep 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSH Common Stock Options Exercise $76,646 +1,611 +7.5% $47.58 23,050 28 Oct 2022 Direct
transaction CBSH Common Stock Tax liability $10,837 -154 -0.67% $70.37 22,896 28 Oct 2022 Direct
transaction CBSH Common Stock Disposed to Issuer $76,703 -1,090 -4.8% $70.37 21,806 28 Oct 2022 Direct
transaction CBSH Common Stock Options Exercise $66,170 +1,436 +6.6% $46.08 23,242 28 Oct 2022 Direct
transaction CBSH Common Stock Tax liability $10,341 -147 -0.63% $70.35 23,095 28 Oct 2022 Direct
transaction CBSH Common Stock Disposed to Issuer $66,199 -941 -4.1% $70.35 22,154 28 Oct 2022 Direct
transaction CBSH Common Stock Sale $50,301 -715 -3.2% $70.35 21,439 28 Oct 2022 Direct
holding CBSH Common Stock 9,334 28 Oct 2022 Exec Comp Plan

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 -1,611 -100% $0.000000* 0 28 Oct 2022 Common Stock 1,611 $47.58 Direct F1
transaction CBSH Stock Appreciation Rights Options Exercise $0 -1,436 -100% $0.000000* 0 28 Oct 2022 Common Stock 1,436 $46.08 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 March 1, 2019.
F2 The stock appreciation right vests in four equal annual installments beginning March 2, 2018.