Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ABERDEEN JEFFERY D
  2. Issuer Name and Ticker or Trading Symbol
COMMERCE BANCSHARES INC /MO/ [CBSH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Controller
(Last)
(First)
(Middle)
1000 WALNUT ST., 7TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2015
(Street)

KANSAS CITY, MO 64106
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/27/2015   F   159 D $ 41.52 33,026 D  
Common Stock 03/01/2015   F   167 D $ 41.92 32,859 D  
Common Stock               18,516 I 401(k)
Common Stock               0 I Custodian-Daughter 2
Common Stock               401 I Commerce Brokerage *71
Common Stock               401 I Commerce Brokerage *63
Common Stock               1,947 I CTC *14

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Option (Right to Buy) $ 19.9817             03/06/2001 03/05/2011 Common Stock 0   0 D  
Non-qualified Stock Option (Right to Buy) $ 22.4855             03/07/2003 03/07/2012 Common Stock 0   0 D  
Non-qualified Stock Option (Right to Buy) $ 20.7254             03/06/2004 03/06/2013 Common Stock 0   0 D  
Non-qualified Stock Option (Right to Buy) $ 29.1696             03/05/2004(1) 03/05/2014 Common Stock 0   0 D  
Non-qualified Stock Option (Right to Buy) $ 29.2222             03/02/2005(2) 03/02/2015 Common Stock 0   0 D  
Stock Appreciation Rights $ 33.2295             02/28/2007(3) 02/29/2016 Common Stock 5,890   5,890 D  
Stock Appreciation Rights $ 33.4088             03/01/2008(4) 03/01/2017 Common Stock 5,610   5,610 D  
Stock Appreciation Rights $ 30.6162             02/22/2009(5) 02/22/2018 Common Stock 5,343   5,343 D  
Stock Appreciation Rights $ 35.3923             04/17/2014 04/17/2023 Common Stock 1,792   1,792 D  
Stock Appreciation Rights $ 42.3905             03/05/2015(6) 03/05/2024 Common Stock 1,325   1,325 D  
Employee Stock Option (Right to Buy) $ 15.3097             02/04/2000 02/03/2010 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) $ 18.6092             02/04/2000 02/03/2010 Common Stock 4,163   4,163 D  
Employee Stock Option (Right to Buy) $ 10.0213             02/04/1994 02/03/2004 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) $ 10.5224             02/04/1994 02/03/2004 Common Stock 591   591 D  
Employee Stock Option (Right to Buy) $ 9.2997             02/03/1995 02/02/2005 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) $ 11.4241             02/08/1996 02/07/2006 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) $ 15.0217             02/05/1997 02/04/2007 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) $ 21.5656             02/05/1998 02/05/2008 Common Stock 0   0 D  
Employee Stock Option (Right to Buy) (7) $ 18.399             02/01/1999 02/01/2009 Common Stock 0   0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ABERDEEN JEFFERY D
1000 WALNUT ST., 7TH FLOOR
KANSAS CITY, MO 64106
      Controller  

Signatures

 Jeffery D. Aberdeen   03/03/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The option vests in four equal annual installments beginning on March 5, 2004.
(2) The option vests in four equal annual installments beginning March 2, 2005.
(3) The stock appreciation rights vest in four equal annual installments beginning on April 17, 2014.
(4) The stock appreciation rights vest in four equal annual installments beginning March 1, 2008.
(5) The stock appreciation rights vest in four equal annual installments beginning February 22, 2009.
(6) This stock appreciation right vests in four equal annual installments beginning on March 5, 2015.
(7) Stock holdings adjusted to include 5% stock dividend. Record date 11/30/2012. Payable date 12/17/2012.

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