SEC Form 4 · accession 0000899243-18-020376
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Davis Carter III
Officer — Centennial Bank Regional Pres.
Period of report
Jul 19, 2018
Accepted (ET)
Jul 23, 2018 · 3:52 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 Stock - PerformanceF1,F2 | Jul 19, 2018 | A | 15,000 | $0.00 | A | 25,000 | D | |
| Common Stock - RestrictedF3 | holding | — | — | — | 10,000 | D | ||
| Common Stock | holding | — | — | — | 16,259 | D | ||
| Common StockF4 | holding | — | — | — | 5,821 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 5,234 | I | Held by 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 OptionF5 | $23.32 | Jul 19, 2018 | A | 20,000 | A | — | Jul 19, 2028 | Common Stock | 20,000 | 20,000 | D |
| Performance Stock OptionF6 | $18.46 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The Performance Stock awarded on July 19, 2018 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met.
- F2The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on December 31, 2016 and will therefore begin vesting in 33 1/3% installments on December 31, 2019.
- F3Restricted Stock granted on August 24, 2015 will vest in 33 1/3% installments over three years beginning on the third anniversary of the award date.
- F4Includes 14.8321 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
- F5The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met.
- F6Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 is exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal was met on December 31, 2016. Therefore, the first installment became exercisable on August 24, 2016.