Neeley Patrick 4
4 · SIMMONS FIRST NATIONAL CORP · Filed Jan 22, 2018
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Unit
2018-01-18+946→ 946 total→ Common (946 underlying) - Award
Performance Stock Unit
2018-01-18+1,892→ 1,892 total→ Common (1,892 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
- [F2]312 Restricted Stock Units vest on January 18, 2019; 312 Restricted Stock Units vest on January 18, 2020 and 322 Restricted Stock Units vest on January 18, 2021. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability and other specified events in the agreement may result in earlier vesting.
- [F3]Each Performance Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
- [F4]The shares listed are the maximum number of shares which may vest under this grant. Vesting will occur subsequent to the attainment of performance goals set and verified by the Compensation Committee of the Company's Board of Directors for the performance period ending December 31, 2020, contingent upon the reporting person's continued employment with the registrant.