TIPTON JOHN STEPHEN 4
4 · HOME BANCSHARES INC · Filed Sep 12, 2019
Insider Transaction Report
Form 4
TIPTON JOHN STEPHEN
Centennial Bank CEO
Transactions
- Sale
Common Stock
2019-09-10$18.51/sh−8,500$157,366→ 12,974 total
Holdings
- 40,000
Common Stock - Performance Based
- 40,000
Performance Stock Option
Exercise: $18.46Exp: 2025-08-23→ Common Stock (40,000 underlying) - 16,929.37(indirect: By 401(k))
Common Stock
- 3,334
Common Stock - Restricted
- 60,000
Stock Option
Exercise: $23.32Exp: 2028-07-19→ Common Stock (60,000 underlying)
Footnotes (5)
- [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. The stock began vesting in 33 1/3% installments on August 24, 2018.
- [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.
- [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 was met on December 31, 2016 and will therefore begin vesting in 33 1/3% installments on December 31, 2019.
- [F4]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.
- [F5]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.