SEC Form 4 · accession 0001127602-18-023474
COMMERCE BANCSHARES INC /MO/ · CBSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel D. Callahan
Officer — Exec. Vice President & CCO
Period of report
May 15, 2018
Accepted (ET)
Jul 18, 2018 · 3:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000022356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 15, 2018 | S | 3,000 | $65.0898 | D | 27,257 | D | |
| Common Stock | Jul 16, 2018 | M | 5,951 | $30.5732 | A | 33,231 | D | |
| Common Stock | Jul 16, 2018 | M | 4,360 | $36.6268 | A | 37,591 | D | |
| Common Stock | Jul 16, 2018 | M | 3,929 | $35.4001 | A | 41,520 | D | |
| Common Stock | Jul 16, 2018 | M | 2,603 | $35.7189 | A | 44,123 | D | |
| Common Stock | Jul 16, 2018 | F | 3,208 | $68.48 | D | 40,915 | D | |
| Common Stock | Jul 16, 2018 | D | 8,379 | $68.48 | D | 32,536 | D | |
| Common StockF2 | Jul 17, 2018 | S | 5,000 | $68.8308 | D | 27,536 | D | |
| Common Stock | holding | — | — | — | 6,972 | I | 401(k) | |
| Common Stock | holding | — | — | — | 314 | I | Exec Comp Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF3 | $30.5732 | Jul 16, 2018 | M | 5,951 | D | Apr 17, 2014 | Apr 17, 2023 | Common Stock | 5,951 | 0 | D |
| Stock Appreciation RightsF4 | $36.6268 | Jul 16, 2018 | M | 4,360 | D | Jan 27, 2015 | Jan 27, 2024 | Common Stock | 4,360 | 0 | D |
| Stock Appreciation RightsF5 | $35.4001 | Jul 16, 2018 | M | 3,929 | D | Jan 27, 2016 | Jan 27, 2025 | Common Stock | 3,929 | 1,310 | D |
| Stock Appreciation RightsF6 | $35.7189 | Jul 16, 2018 | M | 2,603 | D | Jan 27, 2017 | Jan 27, 2026 | Common Stock | 2,603 | 2,603 | D |
Explanation of responses
- F1Sale prices ranged from $65.08 to $65.0923.
- F2Sale prices ranged from $68.80 to $68.865.
- F3This stock appreciation right vests in four equal annual installments beginning on April 17, 2014.
- F4The stock appreciation rights vest in four equal annual installments beginning January 27, 2015.
- F5The stock appreciation rights vest in four equal annual installments beginning January 27, 2016.
- F6The stock appreciation right vests in four equal annual installments beginning January 27, 2017.