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CBSH > SEC Filings for CBSH > Form 8-K on 30-Jan-2014All Recent SEC Filings

Show all filings for COMMERCE BANCSHARES INC /MO/

Form 8-K for COMMERCE BANCSHARES INC /MO/


30-Jan-2014

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 27, 2014, the Compensation and Human Resources Committee of the Company's Board of Directors approved the base salary for 2014 (effective April 1, 2014) and the payment of cash bonuses to the Company's CEO and its other named executive officers. The cash bonuses were based on the Committee's certification of Company performance in accordance with the Company's Executive Incentive Compensation Plan. The Committee also approved the grant to those individuals of restricted stock awards and stock appreciation rights under the Company's 2005 Equity Incentive Plan.

                                                        2013     Restricted    Stock
                                            2014    Performance-   Stock    Appreciation
                                           Salary   Based Bonus    Awards      Rights
Executive Officer  Title                     $           $           #           #
David W. Kemper    Chairman & CEO         922,935     949,959      27,424      27,693
Jonathan M. Kemper Vice Chairman          476,139     318,558      11,732      13,333
John W. Kemper     President & COO        480,000     265,860      8,511       10,751
                   Executive Vice
Charles G. Kim     President & CFO        427,850     264,214      7,919       8,205
                   Executive Vice
Kevin G. Barth     President              427,850     264,214      7,804       8,205

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