Edward Drilling - May 28, 2021 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Role
Director
Signature
/s/ Edward Drilling by Natalie Gassiott
Stock symbol
SFNC
Transactions as of
May 28, 2021
Transactions value $
$15,006
Form type
4
Date filed
6/2/2021, 06:17 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC Common Stock Options Exercise $15K +492 +2.98% $30.50 17K May 28, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFNC Restricted Stock Unit Award $0 +1.97K $0.00 1.97K May 28, 2021 Common 1.97K Direct F1, F2
transaction SFNC Restricted Stock Unit Options Exercise $0 -492 -25% $0.00 1.48K May 28, 2021 Common 492 $30.50 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F2 492 Restricted Stock Units vest on May 28, 2021; 492 Restricted Stock Units vest on July 01, 2021; 492 Restricted Stock Units vest on October 01, 2021 and 492 Restricted Stock Units vest on January 03, 2022. 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 The Restricted Stock Unit vested on May 28, 2021. Shares will be delivered within 30 days of vesting.
F4 492 Restricted Stock Units vest on July 01, 2021; 492 Restricted Stock Units vest on October 01, 2021 and 492 Restricted Stock Units vest on January 03, 2022. 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.