Waddington Michael L 4
4 · HOME BANCSHARES INC · Filed Jan 25, 2010
Insider Transaction Report
Form 4
Waddington Michael L
Retired Regional President
Transactions
- Award
Performance Stock Option
2010-01-22+2,106→ 4,212 totalExercise: $12.20From: 2010-01-01Exp: 2016-03-13→ Common Stock (2,106 underlying)
Holdings
- 2,877
Common Stock
- 2,618
Stock Option
Exercise: $10.50→ Common Stock (2,618 underlying) - 10,800
Stock Option
Exercise: $20.41Exp: 2017-03-08→ Common Stock (10,800 underlying) - 10,800
Stock Option
Exercise: $18.93Exp: 2018-01-09→ Common Stock (10,800 underlying)
Footnotes (5)
- [F1]The option is exercisable in five equal annual installments beginning on March 9, 2008
- [F2]Options were granted by TCBancorp. Upon merger with Home BancShares on January 1, 2005, these options became 100% vested. Prior to the merger, only 523 options had vested with an exercisable date of December 31, 2004.
- [F3]The options expire 10 years from the exercisable date, therefore the first installment expires on December 31, 2014 and the remaining installment expires on January 1, 2015.
- [F4]The option is exercisable in three equal annual installments beginning on January 10, 2009.
- [F5]These performance based stock options were granted in March 2006 under the Home BancShares, Inc. 2006 Stock Option and Performance Incentive Plan. For the person to become eligible, the Company has to meet certain objectives each year. As a result of the Company's 2009 performance, 25% of the total options granted were approved for eligibility by the Company's Compensation Committee.