SEC Form 4 · accession 0000899243-16-034989
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert F Birch Jr.
Officer — Centennial Bank Regional Pres.
Period of report
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 5:44 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,F7 | Dec 2, 2016 | S | 18,000 | $25.9117 | D | 256,707 | I | By the Bob Birch Trust |
| Common StockF1 | holding | — | — | — | 2,814 | I | By wife's IRA | |
| Common StockF1,F2,F6 | holding | — | — | — | 41,834 | D | ||
| Common Stock - RestrictedF1,F3 | holding | — | — | — | 10,000 | D | ||
| Common Stock - Performance BasedF1,F2,F4,F5 | holding | — | — | — | 10,000 | D | ||
| Common StockF1,F8 | holding | — | — | — | 61,916 | 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 OptionF9,F10,F1 | $18.46 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 40,000 | 40,000 | 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.
- F10Once 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 $0.3125 diluted earnings per share (split adjusted) for four consecutive quarters or $1.25 total diluted earnings per share (split adjusted) over a period of four consecutive quarters.
- F2The reporting person had 8,000 shares vest since the last filing.
- F3Restricted 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.
- 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 $0.3125 diluted earnings per share (split adjusted) for four consecutive quarters or $1.25 total diluted earnings per share (split adjusted) 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 therefore "cliff" vested 100% on September 30, 2016.
- F6Includes 707.2668 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- F7Includes 4,629.286 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- F8Includes 706.272 shares acquired by the Home BancShares, Inc. 401(k) Plan since the last filing.
- F9The 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.