SEC Form 4 · accession 0001171843-18-001391
SIMMONS FIRST NATIONAL CORP · SFNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Wade
Officer — EVP & Chief Credit Officer
Period of report
Feb 22, 2018
Accepted (ET)
Feb 23, 2018 · 6:46 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| SFNCF2,F1 | Feb 22, 2018 | M | 4,500 | $20.29 | A | 24,212 | D | |
| SFNCF3,F1 | Feb 22, 2018 | S | 4,500 | $29.34 | D | 19,712 | D | |
| SFNCF4,F1 | Feb 22, 2018 | S | 4,110 | $29.34 | D | 15,602 | D | |
| SFNCF1 | holding | — | — | — | 2,000 | D | ||
| SFNCF1 | holding | — | — | — | 6,892 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF1,F2 | $20.29 | Feb 22, 2018 | M | 4,500 | D | Dec 31, 2015 | Dec 31, 2024 | Common | 4,500 | 0 | D |
Explanation of responses
- F1On February 8, 2018, the Company effected a 2-for-1 stock split. The number of shares reported in this Form 4 has been adjusted to reflect the stock split.
- F2On February 8, 2018, the Company effected a 2-for-1 stock split. The exercise price reported in this Form 4 has been adjusted to reflect the stock split.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.20 to $29.70, inclusive. The reporting person undertakes to provide to Simmons First National Corporation ("Simmons"), any security holder of Simmons, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.15 to $29.70, inclusive. The reporting person undertakes to provide to Simmons First National Corporation ("Simmons"), any security holder of Simmons, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth this footnote.