French Tracy exercised 250,000 shares at a strike of $16.96, covered exercise/tax liability with 170,694 shares and sold $1,958,858 worth of shares (79,306 units at $24.70) (SEC Form 4)
$HOMB
Major Banks
Finance
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [ HOMB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/15/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 05/15/2024 | M | 100,000 | A | $14.71 | 300,949(1) | D | |||
| Common Stock | 05/15/2024 | F | 59,220 | D | $24.84 | 241,729 | D | |||
| Common Stock | 05/15/2024 | M | 150,000 | A | $18.46 | 391,729 | D | |||
| Common Stock | 05/15/2024 | F | 111,474 | D | $24.84 | 280,255 | D | |||
| Common Stock | 05/16/2024 | S | 79,306 | D | $24.7 | 200,949 | D | |||
| Common Stock - Performance Based | 50,000(1)(2) | D | ||||||||
| Common Stock - Restricted Stock | 6,000(3)(4)(5) | D | ||||||||
| Common Stock | 30,672 | I | By IRA | |||||||
| Common Stock | 49,272.963(6) | I | By 401(k) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option | $14.71 | 05/15/2024 | M | 100,000 | (7) | 01/15/2025 | Common Stock | 100,000 | $0 | 0 | D | ||||
| Performance Stock Option | $18.46 | 05/15/2024 | M | 150,000 | (8) | 08/23/2025 | Common Stock | 150,000 | $0 | 0 | D | ||||
| Performance Stock Option | $23.32 | (9) | 07/19/2028 | Common Stock | 150,000 | 150,000 | D | ||||||||
| Explanation of Responses: |
| 1. The reporting person had 25,000 shares of restricted stock vest since the last filing. |
| 2. The 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. The performance goal was met on March 31, 2021 and the stock began vesting on March 31, 2024. |
| 3. Restricted Stock granted on January 21, 2022 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 4. Restricted Stock granted on January 20, 2023 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 5. Restricted stock granted on January 19, 2024 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 6. Includes 369.3380 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing. |
| 7. The option is exercisable in five equal annual installments. The first installment became exercisable on January 16, 2016. |
| 8. Once 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. |
| 9. The 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. The performance goal was met on March 31, 2021 and the stock options began vesting on March 31, 2022. |
| Remarks: |
| /s/ Tracy French by Micah Osborne | 05/16/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||