4//SEC Filing
HOME BANCSHARES INC 4
Accession 0000899243-16-033136
$HOMBCIK 0001331520operating
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 2:05 PM ET
Size
12.6 KB
Accession
0000899243-16-033136
Insider Transaction Report
Form 4
TIPTON JOHN STEPHEN
Centennial Bank CEO
Transactions
- Exercise/Conversion
Common Stock
2016-11-09$6.56/sh+14,000$91,840→ 20,000 total - Exercise/Conversion
Stock Option
2016-11-09−14,000→ 14,000 totalExercise: $6.56Exp: 2022-01-19→ Common Stock (14,000 underlying)
Holdings
- 10,000
Common Stock - Performance Based
- 13,676.473(indirect: By 401(k))
Common Stock
- 10,000
Common Stock - Restricted Stock
- 40,000
Performance Stock Option
Exercise: $18.46Exp: 2025-08-23→ Common Stock (40,000 underlying)
Footnotes (9)
- [F1]The reporting person received shares as a result of the Company declaring a 2-for-1 stock split to shareholders of record as of May 18, 2016 and made payable June 8, 2016.
- [F2]The reporting person had 4,000 shares (split adjusted) vest since the last filing.
- [F3]The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
- [F4]The Performance Stock awarded on August 2, 2012 "cliff" vested on the third annual anniversary of the date that the performance goal is met. The performance goal was met on September 30, 2013 and therefore "cliff" vested 100% on September 30, 2016.
- [F5]Includes 1,186.251 shares (split adjusted) acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing.
- [F6]Restricted Stock granted on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third anniversary of the award date.
- [F7]The exercise price decreased as a result of the Company declaring a 2-for-1 stock split to shareholders of record May 18, 2016 and made payable June 8, 2016.
- [F8]The option became exercisable in five equal annual installments beginning on January 20, 2013.
- [F9]Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 will become exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
Documents
Issuer
HOME BANCSHARES INC
CIK 0001331520
Entity typeoperating
IncorporatedAR
Related Parties
1- filerCIK 0001331520
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 2:05 PM ET
- Size
- 12.6 KB