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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [ HOMB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/27/2020 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 06/11/2019 | G | 5,181 | A | $0.00 | 134,948(1) | D | |||
Common Stock - Restricted Stock | 01/27/2020 | A | 3,000(2) | A | $0.00 | 11,334(3)(4) | D | |||
Common Stock - Performance Based | 91,667(5)(6)(7) | D | ||||||||
Common Stock | 29,222 | I | By IRA | |||||||
Common Stock | 43,633.4862(8) | I | By 401(k) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Performance Stock Option | $23.32 | (9) | 07/19/2028 | Common Stock | 150,000 | 150,000 | D | ||||||||
Stock Option | $8.62 | (10) | 01/17/2023 | Common Stock | 40,000 | 40,000 | D | ||||||||
Stock Option | $9.54 | (11) | 04/17/2023 | Common Stock | 40,000 | 40,000 | D | ||||||||
Stock Option | $14.71 | (12) | 01/15/2025 | Common Stock | 100,000 | 100,000 | D | ||||||||
Performance Stock Option | $18.46 | (13) | 08/23/2025 | Common Stock | 150,000 | 150,000 | D |
Explanation of Responses: |
1. The reporting person had 16,666 shares vest since the last filing. |
2. Restricted Stock granted on January 27, 2020 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
3. Restricted Stock granted on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third anniversary of the award date. The stock began vesting in 33 1/3% installments on August 24, 2018. |
4. The reporting person had 8,333 shares of restricted stock vest since the last filing. |
5. The Performance Stock awarded on July 19, 2018 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met. |
6. The reporting person had 8,333 shares of performance based restricted stock vest since the last filing. |
7. The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on December 31, 2016, and the stock began vesting on December 31, 2019. |
8. Includes 963.9238 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing. |
9. The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. |
10. The option is exercisable in five equal annual installments. The first installment became exercisable on January 16, 2016. |
11. The option is exercisable in five equal annual installments. The first installment became exercisable on January 18, 2014. |
12. The option is exercisable in five equal annual installments. The first installment became exercisable on April 18, 2014. |
13. Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 is exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal was met on December 31, 2016. Therefore, the first installment became exercisable on August 24, 2016. |
Remarks: |
/s/ Tracy French by Micah Osborne | 01/29/2020 | |
** 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. |