Douglas D. Neff - 01 Feb 2023 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role: Senior Vice President
Signature: /s/ By: Paul A. Steiner For: Douglas D. Neff
Issuer symbol: CBSH
Transactions as of: 01 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Feb 2023, 15:38:24 UTC
Previous filing: 04 Mar 2022
Next filing: 03 Mar 2023
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	+1,749	+28%	$0.000000	8,063	01 Feb 2023	Direct	F1
holding	CBSH	Common Stock						578	01 Feb 2023	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	Award	$0	+1,221		$0.000000	1,221	01 Feb 2023	Common Stock	1,221	$66.04	Direct	F2

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

Explanation of Responses:

Id	Content
F1	All stock holding balances adjusted to include a 5% stock dividend. Record date 12/2/2022, payable 12/19/2022.
F2	The stock appreciation right vests in four equal annual installments beginning on February 1, 2024.