SEC Form 4 · accession 0000899243-15-003998

HOME BANCSHARES INC · HOMB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Brian Davis

Officer — Chief Financial Officer · Director

Period of report

Aug 24, 2015

Accepted (ET)

Aug 25, 2015 · 5:59 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001331520

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock - Restricted^F1,F2,F3	Aug 24, 2015	A	10,000	$0.00	A	10,000	D
Common Stock - Performance Based^F4,F5	Aug 24, 2015	A	10,000	$0.00	A	13,000	D
Common Stock^F6	holding	—	—		—	1,109	I	By 401(k)
Common Stock	holding	—	—		—	3,564	I	By IRA
Common Stock^F3	holding	—	—		—	5,924	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Stock Option^F7	$36.91	Aug 24, 2015	A	50,000	A	—	Aug 23, 2025	Common Stock	50,000	50,000	D
Stock Option^F8	$33.72	holding	—	—	—	—	Mar 11, 2025	Common Stock	25,000	25,000	D
Stock Option^F9,F10	$5.33	holding	—	—	—	—	—	Common Stock	3,564	3,564	D
Stock Option^F11	$9.31	holding	—	—	—	—	Aug 28, 2017	Common Stock	3,880	3,880	D
Stock Option^F12	$11.37	holding	—	—	—	—	Oct 16, 2018	Common Stock	6,600	6,600	D
Stock Option^F13	$33.54	holding	—	—	—	—	Apr 15, 2024	Common Stock	10,000	10,000	D

Explanation of responses

F1Restricted 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.
F10The option expires 10 years from the exercisable date, therefore the first installment became exercisable on November 22, 2005 and expires on November 22, 2015.
F11The option is exercisable in five equal annual installments. The first installment became exercisable on August 29, 2008.
F12The option is exercisable in five equal annual installments. The first installment became exercisable on October 17, 2009.
F13The option is exercisable in five equal annual installments. The first installment becomes exercisable on April 17, 2015.
F2Restricted Stock granted on August 2, 2012 "cliff" vested 100% three years from award date.
F3The reporting person had 2,000 shares vest since the last filing.
F4The 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 will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
F5The Performance Stock awarded on August 2, 2012 will "cliff" vest on the third annual anniversary of the date that the performance goal is met. The performance goal was met on September 30, 2013 and will therefore "cliff" vest 100% on September 30, 2016.
F6Includes 3.951 shares acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing.
F7Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 will become exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
F8The option is exercisable in five equal annual installments. The first installment becomes exercisable on March 12, 2016.
F9The option is exercisable in five equal annual installments. The first installment became exercisable on November 22, 2005.