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^*

HARRIS ERNEST LEE JR

(Last)

(First)

(Middle)

15 SOUTH 20TH STREET

(Street)

BIRMINGHAM

35233

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COMPASS BANCSHARES INC [ CBSS ]

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

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Exec. VP (Issuer Subsidiary)

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2007

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	04/20/2007		M		6,210	A	$23.92	63,347.5379	D
Common Stock	04/20/2007		M		5,678	A	$20.5	69,025.5379	D
Common Stock	04/20/2007		M		3,994	A	$28.9	73,019.5379	D
Common Stock	04/20/2007		M		3,162	A	$31.62	76,181.5379	D
Common Stock								1,464.508	I	By ESOP/401(k) plan
Common Stock								2,410.0523	I	By spouse

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)
Employee Stock Option (right to buy)	$23.92⁽¹⁾	04/20/2007		M			6,210⁽¹⁾	⁽²⁾	01/26/2009	Common Stock	12,000⁽¹⁾	$0	0	D
Employee Stock Option (right to buy)	$20.5	04/20/2007		M			5,678	⁽³⁾	02/22/2011	Common Stock	16,500	$0	0	D
Employee Stock Option (right to buy)	$28.9	04/20/2007		M			3,994	⁽⁴⁾	02/10/2012	Common Stock	14,400	$0	906	D
Employee Stock Option (right to buy)	$31.62	04/20/2007		M			3,162	⁽⁵⁾	03/26/2013	Common Stock	17,000	$0	0	D

Explanation of Responses:

1. The option was previously reported as covering an aggregate of 8,000 shares at an exercise price of $35.88 per share, but was adjusted to reflect the 3-for-2 stock split on April 2, 1999.

2. The option vested in four equal installments on January 27, 1999, 2000, 2001 and 2002.

3. The option vested in four equal installments on February 23, 2001, 2002, 2003 and 2004.

4. The option vested in four equal installments on February 11, 2002, 2003, 2004 and 2005.

5. 50% of the option shares vested on March 27, 2004, and 25% of the shares vested on each of March 27, 2005 and March 27, 2006.

Remarks:

	Jerry W. Powell, as attorney-in-fact	04/24/2007
	** 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).
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