SEC Form 4 · accession 0001171843-17-006418
SIMMONS FIRST NATIONAL CORP · SFNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark W Funke
Officer — President, Bank SNB
Period of report
Oct 30, 2017
Accepted (ET)
Oct 31, 2017 · 10:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000090498
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| SFNC | holding | — | — | — | 58,190 | D | ||
| SFNC | holding | — | — | — | 6,635 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Oct 30, 2017 | A | 20,000 | A | — | — | Common | 20,000 | 20,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
- F2Restricted Stock Unit vests on October 30, 2018 (12.5%), 2019 (12.5%), 2020 (25%) and 2021 (37.5%). SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.