Richard W. Heise - 31 Jan 2024 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role: Senior Vice President
Signature: By: Paul A. Steiner For: Richard W. Heise
Issuer symbol: CBSH
Transactions as of: 31 Jan 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Feb 2024, 16:01:28 UTC
Previous filing: 18 Aug 2023
Next filing: 06 Mar 2024
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	+3,530	+28%	$0.000000	16,169	31 Jan 2024	Direct	F1

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	+1,862		$0.000000	1,862	31 Jan 2024	Common Stock	1,862	$52.12	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 of 12/4/2023, payable 12/19/2023.
F2	The stock appreciation right vests in four equal annual installments beginning on January 31, 2025.