David W. Kemper - 22 Jul 2024 Form 4 Insider Report for COMMERCE BANCSHARES INC /MO/ (CBSH)

Role: Director
Signature: By: Paul A. Steiner For: David W. Kemper
Issuer symbol: CBSH
Transactions as of: 22 Jul 2024
Net transactions value: -$1,366,937
Form type: 4
Filing time: 24 Jul 2024, 16:38:30 UTC
Previous filing: 02 Jul 2024
Next filing: 02 Aug 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	Options Exercise	$2,079,423	+47,271	+4%	$43.99	1,229,265	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Options Exercise	$1,292,591	+27,196	+2.2%	$47.53	1,256,461	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Tax liability	$270,411	-4,255	-0.34%	$63.55	1,252,206	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Tax liability	$173,255	-2,719	-0.22%	$63.72	1,249,487	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Disposed to Issuer	$2,079,465	-32,721	-2.6%	$63.55	1,216,766	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Disposed to Issuer	$1,292,624	-20,286	-1.7%	$63.72	1,196,480	22 Jul 2024	Direct
transaction	CBSH	Common Stock	Sale	$923,196	-14,486	-1.2%	$63.73	1,181,994	22 Jul 2024	Direct	F1
holding	CBSH	Common Stock						16,276	22 Jul 2024	CB Kemper Irrev Trust
holding	CBSH	Common Stock						24,034	22 Jul 2024	CB Kemper Rev Trust
holding	CBSH	Common Stock						39,966	22 Jul 2024	EC Kemper Rev Trust
holding	CBSH	Common Stock						23,106	22 Jul 2024	Exec Comp Plan
holding	CBSH	Common Stock						47,732	22 Jul 2024	JW Kemper Rev Trust
holding	CBSH	Common Stock						257,680	22 Jul 2024	Tower Properties Co
holding	CBSH	Common Stock						16,266	22 Jul 2024	WL Kemper Irrev Trust
holding	CBSH	Common Stock						24,024	22 Jul 2024	WL Kemper Rev Trust

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	-47,271	-100%	$0.000000^*	0	22 Jul 2024	Common Stock	47,271	$43.99	Direct	F2
transaction	CBSH	Stock Appreciation Rights	Options Exercise	$0	-27,196	-100%	$0.000000^*	0	22 Jul 2024	Common Stock	27,196	$47.53	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Sale prices ranged from $63.44 to $64.12.
F2	The stock appreciation right vests in four equal annual installments beginning January 24, 2019.
F3	The stock appreciation right vests on January 23, 2023.