Kevin Hester - May 7, 2024 Form 4 Insider Report for HOME BANCSHARES INC (HOMB)

Role
Chief Lending Officer
Signature
/s/ Kevin Hester by Micah Osborne
Stock symbol
HOMB
Transactions as of
May 7, 2024
Transactions value $
-$4
Form type
4
Date filed
5/9/2024, 02:54 PM
Previous filing
Feb 5, 2024
Next filing
May 15, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOMB Common Stock Options Exercise $1.85M +100K +87.02% $18.46 215K May 7, 2024 Direct F1
transaction HOMB Common Stock Tax liability -$1.85M -74.7K -34.78% $24.70 140K May 7, 2024 Direct
holding HOMB Common Stock - Performance Based 20K May 7, 2024 Direct F1, F2
holding HOMB Common Stock 6.17K May 7, 2024 By 401(k) F3
holding HOMB Common Stock 7.13K May 7, 2024 By IRA

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 HOMB Performance Stock Option Options Exercise $0 -100K -100% $0.00* 0 May 7, 2024 Common Stock 100K $18.46 Direct F4
holding HOMB Performance Stock Option 60K May 7, 2024 Common Stock 60K $23.32 Direct F5
holding HOMB Stock Option 20K May 7, 2024 Common Stock 20K $21.25 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person had 10,000 shares of restricted stock vest since the last filing.
F2 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.
F3 Includes 46.2369 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
F4 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.
F5 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. Therefore, the first installment became exercisable on March 31, 2022.
F6 The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.