George Makris Jr - Jan 20, 2023 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Signature
/s/ George Makris, Jr. by Natalie Gassiott
Stock symbol
SFNC
Transactions as of
Jan 20, 2023
Transactions value $
-$197,117
Form type
4
Date filed
1/24/2023, 01:33 PM
Previous filing
Dec 20, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC SFNC Common Stock Award $0 +18.6K +3.4% $0.00 565K Jan 20, 2023 Direct F1, F2
transaction SFNC SFNC Common Stock Tax liability -$197K -8.62K -1.52% $22.87 557K Jan 20, 2023 Direct F3
holding SFNC SFNC Common Stock 12K Jan 20, 2023 By Trust
holding SFNC SFNC Common Stock 9.27K Jan 20, 2023 By IRA
holding SFNC SFNC Common Stock 11K Jan 20, 2023 By IRA (Spouse)

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 +43.8K $0.00 43.8K Jan 20, 2023 SFNC Common Stock 43.8K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance share units (PSUs) that were granted on 02/27/2020, based on achievement of performance goals during the requisite performance period.
F2 Includes 845 shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
F3 Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
F4 Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F5 14,601 Restricted Stock Units vest on January 20, 2024; 14,601 Restricted Stock Units vest on January 20, 2025; and 14,601 Restricted Stock Units vest on January 20, 2026. 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.