Sec Form 4 Filing - BRUNNGRABER ERIC H @ CASS INFORMATION SYSTEMS INC - 2012-06-15

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
BRUNNGRABER ERIC H
2. Issuer Name and Ticker or Trading Symbol
CASS INFORMATION SYSTEMS INC [ CASS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
13001 HOLLENBERG DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
06/15/2012
(Street)
BRIDGETON, MO63044
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 06/15/2012 S 1,000 D $ 39.3306 ( 3 ) 59,100 ( 2 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Stock Appreciation Rights $ 25.83 01/23/2009( 1 ) 01/21/2018 Common Stock 18,612 18,612 D
Stock Appreciation Rights $ 23.43 01/21/2010( 1 ) 01/19/2019 Common Stock 30,195 30,195 D
Stock Appreciation Rights $ 27.42 01/27/2011( 1 ) 01/25/2020 Common Stock 5,910 5,910 D
Stock Appreciation Rights $ 32.95 01/26/2012( 1 ) 01/24/2021 Common Stock 18,241 18,241 D
Stock Appreciation Rights $ 36.92 01/25/2013 01/23/2022 Common Stock 19,018 19,018 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BRUNNGRABER ERIC H
13001 HOLLENBERG DRIVE
BRIDGETON, MO63044
X CEO
Signatures
/s/ Eric H. Brunngraber 06/15/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Over a three year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.
( 2 )Includes shares of restricted stock, subject to vesting and forfeiture.
( 3 )Represents average weighted sales price. Actual prices ranged from $39.00 to $39.49. Individual transaction details available upon request.

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).

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