SEC Form 4 · accession 0000899243-15-008484
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Birch Jr.
Officer — Centennial Bank Regional Pres.
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 12:01 pm EST
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 StockF1 | Nov 17, 2015 | M | 4,000 | $5.54 | A | 132,107 | I | By the Bob Birch Trust |
| Common Stock | Nov 17, 2015 | S | 4,000 | $44.4414 | D | 128,107 | I | By the Bob Birch Trust |
| Common Stock - RestrictedF2,F3 | holding | — | — | — | 5,000 | D | ||
| Common Stock - Performance BasedF4,F5 | holding | — | — | — | 9,000 | D | ||
| Common StockF6 | holding | — | — | — | 30,497 | I | By 401(k) | |
| Common StockF7 | holding | — | — | — | 16,460 | D | ||
| Common StockF8 | holding | — | — | — | 1,403 | I | By wife's IRA |
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 | $5.54 | Nov 17, 2015 | M | 4,000 | D | Jan 1, 2010 | Mar 13, 2016 | Common Stock | 4,000 | 25,651 | D |
| Performance Stock OptionF9 | $36.91 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Includes 516.006 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- F2Restricted 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.
- F3Restricted Stock granted on August 2, 2012 "cliff" vested 100% three years from award date.
- 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 121.073 shares acquired by the Home BancShares, Inc. 401(k) Plan since the last filing.
- F7Includes 82.3467 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- F8Includes 23.5810 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- F9Once 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.