X0306 4 2023-01-27 0000022356 COMMERCE BANCSHARES INC /MO/ CBSH 0001184697 KEMPER JONATHAN M 1000 WALNUT ST., 7TH FLOOR KANSAS CITY MO 64106 1 Common Stock 70637 I 401(k) Common Stock 20507 I Charlotte Kemper Irrev Trust Common Stock 11110 I David BR Kemper Irrev Trust Common Stock 179399 I Exec Comp Plan Common Stock 43373 I Irrev Trust For Self Common Stock 7637 I Nicolas Kemper Irrev Trust Common Stock 2023-01-27 5 G 0 E 39 0 D 36577 I Nicolas Kemper Trust Common Stock 245410 I Tower Properties Co Common Stock 2023-03-09 4 M 0 28218 23.955 A 976513 D Common Stock 2023-03-09 4 F 0 5474 61.66 D 971039 D Common Stock 2023-03-09 4 D 0 10963 61.66 D 960076 D Stock Appreciation Rights 23.955 2023-03-09 4 M 0 28218 0 D 2014-04-17 2023-04-17 Common Stock 28218 0 D This stock appreciation right vests in four equal annual installments beginning on April 17, 2014. By: Paul A. Steiner For: Jonathan M. Kemper 2023-03-13