Carter Russell Davis III 4
4 · HOME BANCSHARES INC · Filed May 9, 2018
Insider Transaction Report
Form 4
Carter Russell Davis III
Centennial Bank Regional Pres.
Transactions
- Sale
Common Stock
2018-05-08$23.67/sh−3,500$82,859→ 16,258.648 total
Holdings
- 10,000
Common Stock - Restricted
- 5,234(indirect: By IRA)
Common Stock
- 10,000
Common Stock - Performance Based
- 5,806.428(indirect: By 401(k))
Common Stock
- 40,000
Performance Stock Option
Exercise: $18.46Exp: 2025-08-23→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]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 was met on December 31, 2016 and will therefore begin vesting in 33 1/3% installments on December 31, 2019.
- [F3]Reflects the dollar value of the reporting person's units in a unitized stock fund under the Home BancShares, Inc. 401(k) Plan as of May 7, 2018, divided by the closing price of Home BancShares common stock on that date. The unitized stock fund consists of Home BancShares common stock and a reserve of cash in amounts that vary from time to time.
- [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.