SEC Form 4 · accession 0001171843-18-003421
SIMMONS FIRST NATIONAL CORP · SFNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Doramus
Director
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 10:46 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 | — | — | — | 7,482 | D |
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 | — | May 1, 2018 | A | 1,640 | A | — | — | Common | 1,640 | 1,640 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
- F225% Restricted Stock Units vest upon acceptance of the grant; 25% Restricted Stock Units vest on July 2, 2018; 25% Restricted Stock Units vest on October 1, 2018 and 25% Restricted Stock Units vest on January 2, 2019. 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.