Chad Rawls - Jan 19, 2023 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Role
EVP & Chief Credit Officer
Signature
/s/ Chad Rawls by Natalie Gassiott
Stock symbol
SFNC
Transactions as of
Jan 19, 2023
Transactions value $
-$7,862
Form type
4
Date filed
1/23/2023, 03:12 PM
Previous filing
Nov 22, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC SFNC Common Stock Award $0 +1.01K +26.73% $0.00 4.77K Jan 19, 2023 Direct F1
transaction SFNC SFNC Common Stock Tax liability -$7.86K -354 -7.42% $22.21 4.42K Jan 19, 2023 Direct F2

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 +3.3K $0.00 3.3K Jan 19, 2023 SFNC Common Stock 3.3K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Settlement of performance share units (PSUs) that were granted on 02/26/2020, based on achievement of performance goals during the requisite performance period.
F2 Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
F3 Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F4 1,100 Restricted Stock Units vest on January 19, 2024; 1,101 Restricted Stock Units vest on January 19, 2025; and 1,101 Restricted Stock Units vest on January 19, 2026. 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.