WILLIAM E. CLARK II - 03 May 2022 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Role
Director
Signature
/s/ William E. Clark, II by Natalie Gassiott
Issuer symbol
SFNC
Transactions as of
03 May 2022
Transactions value $
$15,006
Form type
4
Filing time
05 May 2022, 18:00:43 UTC
Previous filing
05 Jan 2022
Next filing
06 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC SFNC Common Stock Options Exercise $15,006 +615 +2.7% $24.4 23,410 03 May 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 +2,460 $0 2,460 03 May 2022 Common 2,460 Direct F1, F2
transaction SFNC Restricted Stock Unit Options Exercise $0 -615 -25% $0 1,845 03 May 2022 Common 615 $24.4 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 615 Restricted Stock Units vest on May 03, 2022; 615 Restricted Stock Units vest on July 01, 2022; 615 Restricted Stock Units vest on October 03, 2022; and 615 Restricted Stock Units vest on January 03, 2023. 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 May 3, 2022. Shares will be delivered within 30 days of vesting.
F4 615 Restricted Stock Units vest on July 01, 2022; 615 Restricted Stock Units vest on October 03, 2022; and 615 Restricted Stock Units vest on January 03, 2023.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.