SEC Form 4
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*
French Tracy

(Last) (First) (Middle)
P.O. BOX 966

(Street)
CONWAY AR 72033

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [ HOMB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Centennial Bank Chairman
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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).
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