SEC Form 4/A · accession 0000899243-16-028587
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
Sep 2, 2016
Accepted (ET)
Sep 7, 2016 · 2:54 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 StockF1 | Sep 2, 2016 | S | 20,000 | $23.43 | D | 154,168 | D | |
| Common Stock | Sep 2, 2016 | S | 3,230 | $23.44 | D | 150,938 | D | |
| Common Stock | Sep 2, 2016 | S | 2,500 | $23.4012 | D | 148,438 | D | |
| Common Stock | Sep 2, 2016 | S | 34,770 | $23.3706 | D | 113,668 | D | |
| Common StockF12 | Sep 2, 2016 | S | 29,500 | $23.3615 | D | 84,168 | D | |
| Common Stock - RestrictedF1,F2,F3 | holding | — | — | — | 31,000 | D | ||
| Common Stock - Performance BasedF1,F4,F5 | holding | — | — | — | 33,000 | D | ||
| Common StockF1 | holding | — | — | — | 27,922 | I | By IRA | |
| Common StockF1,F6 | holding | — | — | — | 40,966 | 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 OptionF7,F8,F1 | $18.46 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 150,000 | 150,000 | D |
| Stock OptionF7,F9,F1 | $8.62 | holding | — | — | — | — | Jan 17, 2023 | Common Stock | 40,000 | 40,000 | D |
| Stock OptionF7,F10,F1 | $9.54 | holding | — | — | — | — | Apr 17, 2023 | Common Stock | 40,000 | 40,000 | D |
| Stock OptionF7,F11,F1 | $14.71 | holding | — | — | — | — | Jan 15, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The reporting person received shares as a result of the Company declaring a 2-for-1 stock split to shareholders of record as of May 18, 2016 and made payable June 8, 2016.
- F10The option is exercisable in five equal annual installments. The first installment became exercisable on January 18, 2014.
- F11The option is exercisable in five equal annual installments. The first installment became exercisable on April 18, 2014.
- F12The original report on Form 4 incorrectly reported the number of shares sold.
- 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 17, 2014 will "cliff" vest 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 466.480 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
- F7The exercise price decreased as a result of the Company declaring a 2-for-1 stock split to shareholders of record May 18, 2016 and made payable June 8, 2016.
- 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.
- F9The option is exercisable in five equal annual installments. The first installment became exercisable on January 16, 2016.