SEC Form 4 · accession 0000899243-18-022651
HOME BANCSHARES INC · HOMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Davis
Officer — Chief Financial Officer · Director
Period of report
Aug 16, 2018
Accepted (ET)
Aug 17, 2018 · 1:11 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 | Aug 16, 2018 | M | 10,000 | $5.68 | A | 31,048 | D | |
| Common Stock | Aug 16, 2018 | F | 2,389 | $23.78 | D | 28,659 | D | |
| Common Stock - Performance BasedF1,F2 | holding | — | — | — | 30,000 | D | ||
| Common Stock - RestrictedF3 | holding | — | — | — | 20,000 | D | ||
| Common Stock | holding | — | — | — | 7,128 | I | By IRA | |
| Common StockF4 | holding | — | — | — | 2,299 | 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 OptionF5 | $5.68 | Aug 16, 2018 | M | 10,000 | D | — | Oct 16, 2018 | Common Stock | 10,000 | 0 | D |
| Stock OptionF6 | $16.77 | holding | — | — | — | — | Apr 16, 2024 | Common Stock | 20,000 | 20,000 | D |
| Performance Stock OptionF7 | $18.46 | holding | — | — | — | — | Aug 23, 2025 | Common Stock | 100,000 | 100,000 | D |
| Stock OptionF8 | $16.86 | holding | — | — | — | — | Mar 11, 2025 | Common Stock | 50,000 | 50,000 | D |
| Stock OptionF9 | $23.32 | holding | — | — | — | — | Jul 19, 2028 | Common Stock | 20,000 | 20,000 | 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 five 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 five years beginning on the third anniversary of the award date.
- F4Reflects the dollar value of the reporting person's units in a unitized stock fund under the Home BancShares, Inc. 401(k) Plan as of August 16, 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.
- F5The option is exercisable in five equal annual installments. The first installment became exercisable on October 17, 2009.
- F6The option is exercisable in five equal annual installments. The first installment became exercisable on April 17, 2015.
- F7Once 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.
- F8The option is exercisable in five equal annual installments. The first installment became exercisable on March 12, 2016.
- F9The 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.