4//SEC Filing
HOME BANCSHARES INC 4
Accession 0000899243-16-034989
$HOMBCIK 0001331520operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 5:44 PM ET
Size
12.1 KB
Accession
0000899243-16-034989
Insider Transaction Report
Form 4
Birch Robert F Jr
Twin City Bank President & CEO
Transactions
- Sale
Common Stock
2016-12-02$25.91/sh−18,000$466,411→ 256,707.436 total(indirect: By Trust)
Holdings
- 10,000
Common Stock - Restricted
- 2,814(indirect: By Spouse)
Common Stock
- 40,000
Performance Stock Option
Exercise: $18.46Exp: 2025-08-23→ Common Stock (40,000 underlying) - 41,834.127
Common Stock
- 10,000
Common Stock - Performance Based
- 61,915.768(indirect: By 401(k))
Common Stock
Footnotes (10)
- [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.
- [F10]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 $0.3125 diluted earnings per share (split adjusted) for four consecutive quarters or $1.25 total diluted earnings per share (split adjusted) over a period of four consecutive quarters.
- [F2]The reporting person had 8,000 shares vest since the last filing.
- [F3]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.
- [F4]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 $0.3125 diluted earnings per share (split adjusted) for four consecutive quarters or $1.25 total diluted earnings per share (split adjusted) over a period of four consecutive quarters.
- [F5]The Performance Stock awarded on August 2, 2012 will "cliff" vest 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.
- [F6]Includes 707.2668 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- [F7]Includes 4,629.286 shares acquired by the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
- [F8]Includes 706.272 shares acquired by the Home BancShares, Inc. 401(k) Plan since the last filing.
- [F9]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.
Documents
Issuer
HOME BANCSHARES INC
CIK 0001331520
Entity typeoperating
IncorporatedAR
Related Parties
1- filerCIK 0001331520
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 5:44 PM ET
- Size
- 12.1 KB