SEC Form 4/A · accession 0000899243-16-012258
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Tracy French
Officer — Centennial Bank CEO/ President · Director
Period of report
Jan 25, 2016
Accepted (ET)
Jan 27, 2016 · 2:46 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 | Jan 25, 2016 | M | 40,000 | $5.54 | A | 87,085 | D | |
| Common Stock - RestrictedF1,F2,F3,F4 | holding | — | — | — | 15,500 | D | ||
| Common Stock - Performance BasedF5,F6 | holding | — | — | — | 16,500 | D | ||
| Common Stock | holding | — | — | — | 13,961 | I | By IRA | |
| Common StockF7 | holding | — | — | — | 20,250 | I | By 401(k) |
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 | Jan 25, 2016 | M | 40,000 | D | Jan 1, 2010 | Mar 13, 2016 | Common Stock | 40,000 | 0 | D |
| Performance Stock OptionF9,F8 | $36.91 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 75,000 | 75,000 | D |
| Stock OptionF10 | $17.25 | holding | — | — | — | — | Jan 17, 2023 | Common Stock | 20,000 | 20,000 | D |
| Stock OptionF11 | $19.08 | holding | — | — | — | — | Apr 17, 2023 | Common Stock | 20,000 | 20,000 | D |
| Stock OptionF12 | $29.42 | holding | — | — | — | — | Jan 15, 2025 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The reporting person had 4,000 shares vest since the last filing.
- F10The option is exercisable in five equal annual installments. The first installment became exercisable on January 16, 2016.
- F11The option is exercisable in five equal annual installments. The first installment became exercisable on January 18, 2014.
- F12The option is exercisable in five equal annual installments. The first installment became exercisable on April 18, 2014.
- 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 January 18, 2013 will "cliff" vest 100% three years from award date.
- F4Restricted Stock granted on January 17, 2014 will "cliff" vest 100% three years from award date.
- F5The 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.
- F6The 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.
- F7Includes 151.289 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
- F8Once 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.
- F9This amount was incorrectly reported in the reporting person's Form 4 filed on January 26, 2016.