SEC Form 4 · accession 0000899243-18-001675
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Allison
Officer — Chairman · Director
Period of report
Jan 19, 2018
Accepted (ET)
Jan 23, 2018 · 4:21 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 Stock - RestrictedF1,F2,F3,F4 | Jan 19, 2018 | A | 125,000 | $0.00 | A | 265,000 | D | |
| Common StockF2 | holding | — | — | — | 5,140,629 | D | ||
| Common Stock | holding | — | — | — | 67,328 | I | By Capital Buyers | |
| Common Stock | holding | — | — | — | 16,272 | I | By IRA | |
| Common Stock | holding | — | — | — | 855,360 | I | By wife | |
| Common Stock - Performance BasedF5 | holding | — | — | — | 112,500 | D | ||
| Common StockF6 | holding | — | — | — | 13,960 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF7 | $2.66 | holding | — | — | — | — | — | Common Stock | 1,425 | 1,425 | D |
| Stock Option | $8.62 | holding | — | — | — | Jan 18, 2014 | Jan 17, 2023 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Restricted Stock granted on January 19, 2018 will vest over three years in 50% installments beginning on the second anniversary of the award date.
- F2The reporting person had 120,000 shares vest since the last filing.
- F3Restricted Stock granted on January 25, 2016 will "cliff" vest 100% three years from award date.
- F4Restricted Stock granted on January 16, 2015 will "cliff" vest 100% three years from award date.
- F5The Performance Stock awarded on February 22, 2017 will cliff vest 100% beginning on the third anniversary of the date that the performance goal is met. The performance goal will be met as of the end of the fiscal quarter when either the Company's total assets equal or exceed $12.5 billion or the Company has averaged $0.315 diluted earnings per share for four consecutive quarters or $1.26 total diluted earnings per share over a period of four consecutive quarters within three years of the award date.
- F6Reflects the dollar value of the reporting person's units in a unitized stock fund under the Home BancShares, Inc. 401(k) Plan as of January 22, 2018, divided by the closing price of Home BancShares common stock on that date. The unitized stock fund consists of Home BancShares common stock and a reserve of cash in amounts that vary from time to time.
- F7The option is exercisable in five equal annual installments and expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2005 and would have expired on December 31, 2015.