Paula S. Petersen - Feb 28, 2023 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role
Senior Vice President
Signature
/s/ Paul A. Steiner for Paula S. Petersen
Stock symbol
CBSH
Transactions as of
Feb 28, 2023
Transactions value $
-$28,699
Form type
4
Date filed
3/2/2023, 11:18 AM
Previous filing
Feb 3, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSH Common Stock Options Exercise $52.7K +2.2K +7.08% $23.95 33.3K Feb 28, 2023 Direct
transaction CBSH Common Stock Tax liability -$28.7K -428 -1.29% $66.96 32.8K Feb 28, 2023 Direct
transaction CBSH Common Stock Disposed to Issuer -$52.8K -788 -2.4% $66.96 32.1K Feb 28, 2023 Direct
holding CBSH Common Stock 4.21K Feb 28, 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 Options Exercise $0 -2.2K -100% $0.00* 0 Feb 28, 2023 Common Stock 2.2K $23.95 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock appreciation right vests in four equal annual installments beginning on March 1, 2020.