James M. Brogdon - 23 Feb 2022 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Signature
/s/ James M. Brogdon by Natalie Gassiott
Issuer symbol
SFNC
Transactions as of
23 Feb 2022
Transactions value $
$26,560
Form type
4
Filing time
25 Feb 2022, 15:33:50 UTC
Previous filing
25 May 2021
Next filing
28 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC Common Stock Options Exercise $37.9K +1.37K $27.58 1.37K 24 Feb 2022 Direct
transaction SFNC Common Stock Tax liability -$11.3K -410 -29.86% $27.58 963 24 Feb 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFNC Restricted Stock Unit Award $0 +6.21K $0.00 6.21K 23 Feb 2022 Common 6.21K Direct F1, F2
transaction SFNC Restricted Stock Unit Options Exercise $0 -1.37K -33.32% $0.00 2.75K 24 Feb 2022 Common 1.37K $27.58 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F2 2,070 Restricted Stock Units vest on February 23, 2023; 2,070 Restricted Stock Units vest on February 23, 2024; and 2,071 Restricted Stock Units vest on February 23, 2025. 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.
F3 The Restricted Stock Unit vested on February 24, 2022. Shares will be delivered within 30 days of vesting.
F4 1,374 Restricted Stock Units vest on February 24, 2023; and 1,374 Restricted Stock Units vest on February 24, 2024. 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.