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 *
LARIMORE ALBERT L
  2. Issuer Name and Ticker or Trading Symbol
GREAT SOUTHERN BANCORP INC [GSBC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) __X__ Other (specify below)
Secretary / Vice President of Subsidiary
(Last)
(First)
(Middle)
1465 DAVIS BRIDGE ROAD
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2006
(Street)

REPUBLIC, MO 65738
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 07/14/2006   P   5 A $ 27.87 1,145 D  
Common stock               254 I 401(k) Plan
Common stock               456 I Spouse's IRA

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
Option to purchase $ 11.8908               (1) 01/20/2009 Common stock 750   750 D  
Option to purchase $ 10.7813               (2) 02/16/2010 Common stock 1,500   2,250 D  
Option to purchase $ 7.922               (3) 09/20/2010 Common stock 500   2,750 D  
Option to purchase $ 12.8975               (4) 09/24/2011 Common stock 2,500   5,250 D  
Option to purchase $ 18.1875               (5) 09/18/2012 Common stock 2,500   7,750 D  
Option to purchase $ 20.12               (6) 09/25/2013 Common stock 3,000   10,750 D  
Option to purchase $ 32.07               (7) 09/22/2014 Common stock 2,250   13,000 D  
Option to purchase $ 30.34               (8) 09/20/2015 Common stock 2,250   15,250 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LARIMORE ALBERT L
1465 DAVIS BRIDGE ROAD
REPUBLIC, MO 65738
      Secretary Vice President of Subsidiary

Signatures

 Matt Snyder, Attorney-in-fact for Albert L. Larimore   07/18/2006
**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) 250 shares vest on 1/20/2002, 1/20/2003 & 1/20/2004
(2) 375 shares vest on 2/16/2002, 2/16/2003, 2/16/2004 & 2/16/2005
(3) 125 shares vest on 9/20/2002, 9/20/2003, 9/20/2004 & 9/20/2005
(4) 625 shares vest on 9/24/2003, 9/24/2004, 9/24/2005 & 9/24/2006
(5) 625 shares vest on 9/18/2004, 9/18/2005, 9/18/2006 & 9/18/2007
(6) 750 shares vest on 9/25/2005, 9/25/2006, 9/25/2007 & 9/25/2008
(7) 1,884 shares vest on 12/31/2005 and 366 shares vest on 9/22/2009
(8) 563 shares vest on 9/20/2007 & 9/20/2008 and 562 shares vest on 9/20/2009 & 9/20/2010

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