SEC FORM 4

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^*

MARRS DOUGLAS W

(Last)

(First)

(Middle)

111 W. NORTHVIEW

(Street)

NIXA

65714

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GREAT SOUTHERN BANCORP INC [ GSBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Vice President of Subsidiary

3. Date of Earliest Transaction (Month/Day/Year)
06/06/2006

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	06/06/2006		M	V	590	A	$12.047	1,227	D
Common stock	06/06/2006		M	V	1,124	A	$10.7813	2,351	D
Common stock	06/06/2006		M	V	1,000	A	$7.922	3,351	D
Common stock	06/06/2006		M	V	1,795	A	$12.8975	5,146	D
Common stock								1,781	I	401(k) Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option to purchase	$12.047	06/06/2006		M	V		90	03/17/2003	03/17/2009	Common stock	90	$12.047	500	D
Option to purchase	$12.047	06/06/2006		M	V		500	03/17/2004	03/17/2009	Common stock	500	$12.047	0	D
Option to purchase	$10.7813	06/06/2006		M	V		374	02/16/2003	02/16/2010	Common stock	374	$10.7813	750	D
Option to purchase	$10.7813	06/06/2006		M	V		375	02/16/2004	02/16/2010	Common stock	375	$10.7813	375	D
Option to purchase	$10.7813	06/06/2006		M	V		375	02/16/2005	02/16/2010	Common stock	375	$10.7813	0	D
Option to purchase	$7.922	06/06/2006		M	V		250	09/20/2002	09/20/2010	Common stock	250	$7.922	750	D
Option to purchase	$7.922	06/06/2006		M	V		250	09/20/2003	09/20/2010	Common stock	250	$7.922	500	D
Option to purchase	$7.922	06/06/2006		M	V		250	09/20/2004	09/20/2010	Common stock	250	$7.922	250	D
Option to purchase	$7.922	06/06/2006		M	V		250	09/20/2005	09/20/2010	Common stock	250	$7.922	0	D
Option to purchase	$12.8975	06/06/2006		M	V		625	09/24/2003	09/24/2011	Common stock	625	$12.8975	1,875	D
Option to purchase	$12.8975	06/06/2006		M	V		625	09/24/2004	09/24/2011	Common stock	625	$12.8975	1,250	D
Option to purchase	$12.8975	06/06/2006		M	V		545	09/24/2005	09/24/2011	Common stock	545	$12.8975	705	D
Option to purchase	$12.8975							⁽¹⁾	09/24/2011	Common stock	705		705	D
Option to purchase	$18.1875							⁽²⁾	09/18/2012	Common stock	2,500		3,205	D
Option to purchase	$20.12							⁽³⁾	09/25/2013	Common stock	3,000		6,205	D
Option to purchase	$32.07							⁽⁴⁾	09/22/2014	Common stock	2,250		8,455	D
Option to purchase	$30.34							⁽⁵⁾	09/20/2015	Common stock	2,250		10,705	D

Explanation of Responses:

1. 80 shares vest on 9/24/2005 and 625 shares vest on 9/24/2006

2. 625 shares vest on 9/18/2004, 9/18/2005, 9/18/2006 and 9/18/2007

3. 750 shares vest on 9/25/2005, 9/25/2006, 9/25/2007 and 9/25/2008

4. 1,854 shares vest on 12/31/2005 and 396 shares vest on 9/22/2009

5. 563 shares vest on 9/20/2007 & 9/20/2008 and 562 shares vest on 9/20/2009 & 9/20/2010

	Matt Snyder, Attorney-in-fact for Douglas W. Marrs	11/01/2006
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.