SEC Form 4 · accession 0000899243-19-001699
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 18, 2019
Accepted (ET)
Jan 23, 2019 · 1:25 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 | Aug 3, 2018 | G | 1,000 | $0.00 | A | 5,161,629 | D | |
| Common Stock | Nov 26, 2018 | G | 7,250 | $0.00 | D | 5,154,379 | D | |
| Common Stock | Dec 18, 2018 | G | 5,000 | $0.00 | D | 11,272 | I | By IRA |
| Common Stock - Restricted StockF1,F2,F3 | Jan 18, 2019 | A | 150,000 | $0.00 | A | 415,000 | D | |
| Common Stock - Performance BasedF4 | holding | — | — | — | 112,500 | D | ||
| Common Stock | holding | — | — | — | 855,360 | I | By Wife | |
| Common StockF5 | holding | — | — | — | 14,134 | I | By 401(k) | |
| Common Stock | holding | — | — | — | 67,328 | I | By Capital Buyers |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF6 | $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 18, 2019 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
- F2Restricted Stock granted on January 19, 2018 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
- F3Restricted Stock granted on January 25, 2016 will "cliff" vest 100% three years from award date.
- F4The 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. The performance goal was met as of September 30, 2017 and will vest on February 22, 2020.
- F5Reflects 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, 2019, 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.
- F6The 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. The last remaining installment expires on December 31, 2019.