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

Signature
/s/ Paul A. Steiner for Paula S. Petersen
Issuer symbol
CBSH
Transactions as of
28 Feb 2023
Net transactions value
-$28,699
Form type
4
Filing time
02 Mar 2023, 11:18:10 UTC
Previous filing
03 Feb 2023
Next filing
13 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBSH Common Stock Options Exercise $52,725 +2,201 +7.1% $23.95 33,268 28 Feb 2023 Direct
transaction CBSH Common Stock Tax liability $28,659 -428 -1.3% $66.96 32,840 28 Feb 2023 Direct
transaction CBSH Common Stock Disposed to Issuer $52,764 -788 -2.4% $66.96 32,052 28 Feb 2023 Direct
holding CBSH Common Stock 4,214 28 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 Options Exercise $0 -2,201 -100% $0.000000* 0 28 Feb 2023 Common Stock 2,201 $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.