SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DANIEL CHARLES W

(Last) (First) (Middle)
15 SOUTH 20TH STREET

(Street)
BIRMINGHAM AL 35233

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COMPASS BANCSHARES INC [ CBSS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2007 W V 75,000 A $0 454,547.3893 D
Common Stock 04/20/2007 S 451,765 D $70.1879 2,782.3893 D
Common Stock 04/20/2007 S 12,353 D $70.0485 3,088.4419 I(1) As custodian for son
Common Stock 04/20/2007 S 13,550 D $70.1879 0 I By Zachris Limited Partnership I(2)
Common Stock 04/20/2007 S 13,550 D $70.1879 0 I By Zachris Limited Partnership II(2)
Common Stock 04/20/2007 S 44,150 D $70.1879 0 I By Zachris Limited Partnership III(2)
Common Stock 04/20/2007 S 18,883(3) D $70.03 336,040(3) I By limited liability company(3)
Common Stock 04/20/2007 S 1,820(3) D $70.04 334,220(3) I By limited liability company(3)
Common Stock 04/20/2007 S 24,186(3) D $70.05 310,034(3) I By limited liability company(3)
Common Stock 04/20/2007 S 901(3) D $70.06 309,133(3) I By limited liability company(3)
Common Stock 04/20/2007 S 2,071(3) D $70.07 307,062(3) I By limited liability company(3)
Common Stock 04/20/2007 S 2,693(3) D $70.08 304,369(3) I By limited liability company(3)
Common Stock 04/20/2007 S 1,689(3) D $70.09 302,680(3) I By limited liability company(3)
Common Stock 04/20/2007 S 40,172(3) D $70.1 262,508(3) I By limited liability company(3)
Common Stock 04/20/2007 S 1,139(3) D $70.11 261,369(3) I By limited liability company(3)
Common Stock 04/20/2007 S 2,760(3) D $70.12 258,609(3) I By limited liability company(3)
Common Stock 04/20/2007 S 1,639(3) D $70.13 256,970(3) I By limited liability company(3)
Common Stock 04/20/2007 S 182(3) D $70.1301 256,788(3) I By limited liability company(3)
Common Stock 04/20/2007 S 1,256(3) D $70.14 255,532(3) I By limited liability company(3)
Common Stock 04/20/2007 S 8,303(3) D $70.15 247,229(3) I By limited liability company(3)
Common Stock 04/20/2007 S 3,242(3) D $70.16 243,987(3) I By limited liability company(3)
Common Stock 04/20/2007 S 219(3) D $70.17 243,768(3) I By limited liability company(3)
Common Stock 04/20/2007 S 374(3) D $70.18 243,394(3) I By limited liability company(3)
Common Stock 04/20/2007 S 150(3) D $70.2 243,244(3) I By limited liability company(3)
Common Stock 04/23/2007 S 11,962(3) D $70 231,282(3) I By limited liability company(3)
Common Stock 04/23/2007 S 956(3) D $70.01 230,326(3) I By limited liability company(3)
Common Stock 12,723.695 I By spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Since the reporting person's last report, shares previously held by the reporting person as custodian for his eldest son were transferred to such son upon his attainment of the age of majority and are now held directly by such son. The reporting person no longer has a reportable beneficial interest in such shares. Shares held by the reporting person as custodian for his younger son continue to be reported herein. In addition, since the reporting person's last report, all shares held by an estate of which the reporting person is an administrator and a beneficiary have been disposed of.
2. The reporting person is a limited partner and manager of each of the reported limited partnerships.
3. Shares held by a limited liability company of which the reporting person is the manager and holds a 1% voting membership interest and a 33% non-voting membership interest. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Remarks:
Jerry W. Powell, as attorney-in-fact 04/24/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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