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Form 4 GREAT SOUTHERN BANCORP For: May 17 Filed by: TURNER JOSEPH W

May 19, 2016 7:01 AM EDT
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: December 31, 2014
Estimated average burden
hours per response: 0.5
  
 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 *
TURNER JOSEPH W
(Last) (First) (Middle)
CARE OF GREAT SOUTHERN BANK
218 S. GLENSTONE AVE
(Street)
SPRINGFIELD MO 65802
(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)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President/CEO
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2016
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)
Code V Amount (A) or (D) Price
Common stock 05/17/2016   M   1,100 A $ 30.66 139,032 D  
Common Stock 05/17/2016   S   1,100 D $ 38.4205 137,932 D  
Common Stock 05/18/2016   M   7,432 A $ 30.66 145,364 D  
Common Stock 05/18/2016   S   7,432 D $ 38.3402 137,932 D  
Common stock               2,478 I Spouse
Common stock               10,200 I Children's Trust
Common stock               369,738 I LTD Family Partnership
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase $ 30.66 05/17/2016   M     1,100   (1) 10/18/2016 Common Stock 1,100 $ 30.66 8,500 D  
Option to purchase $ 30.66 05/18/2016   M     7,432   (1) 10/18/2016 Common Stock 7,432 $ 30.66 1,068 D  
Option to purchase $ 25.48               (2) 10/17/2017 Common stock 9,600   10,668 D  
Option to purchase $ 19.53               (3) 11/16/2021 Common stock 6,000   16,668 D  
Option to purchase $ 24.82               (4) 11/28/2022 Common stock 6,000   22,668 D  
Option to purchase $ 29.64               (5) 12/18/2023 Common stock 6,000   28,668 D  
Option to purchase $ 32.59               (6) 10/15/2024 Common stock 6,000   34,668 D  
Option to purchase $ 50.71               (7) 11/18/2025 Common Stock 6,000   40,668 D  
Explanation of Responses:
1. 2,400 shares vest on 10/18/2008, 10/18/2009, 10/18/2010 and 10/18/2011
2. 2,400 shares vest on 10/17/2009, 10/17/2010, 10/17/2011 and 10/17/2012
3. 1,500 shares vest on 11/16/2013, 11/16/2014, 11/16/2015 and 11/16/2016
4. 1,500 shares vest on 11/28/2014, 11/28/2015, 11/28/2016 and 11/28/2017
5. 1,500 shares vest on 12/18/2015, 12/18/2016, 12/18/2017 and 12/18/2018
6. 1,500 shares vest on 10/15/2016, 10/15/2017, 10/15/2018 and 10/15/2019
7. 1,500 shares vest on 11/18/2017, 11/18/2018, 11/18/2019 and 11/18/2020
Matt Snyder, Attorney-in-fact for Joseph W. Turner 05/18/2016
** 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.

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