George Makris Jr. - 20 Jan 2023 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Role: Executive Chairman, Director
Signature: /s/ George Makris, Jr. by Natalie Gassiott
Issuer symbol: SFNC
Transactions as of: 20 Jan 2023
Net transactions value: -$197,117
Form type: 4
Filing time: 24 Jan 2023, 13:33:45 UTC
Previous filing: 20 Dec 2022
Next filing: 28 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SFNC	SFNC Common Stock	Award	$0	+18,616	+3.4%	$0.000000	565,462	20 Jan 2023	Direct	F1, F2
transaction	SFNC	SFNC Common Stock	Tax liability	$197,117	-8,619	-1.5%	$22.87	556,843	20 Jan 2023	Direct	F3
holding	SFNC	SFNC Common Stock						12,000	20 Jan 2023	By Trust
holding	SFNC	SFNC Common Stock						9,270	20 Jan 2023	By IRA
holding	SFNC	SFNC Common Stock						10,990	20 Jan 2023	By IRA (Spouse)

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	+43,803		$0.000000	43,803	20 Jan 2023	SFNC Common Stock	43,803		Direct	F4, F5

* 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 02/27/2020, based on achievement of performance goals during the requisite performance period.
F2	Includes 845 shares acquired by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
F3	Shares withheld upon vesting of PSUs to satisfy tax withholding obligations.
F4	Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F5	14,601 Restricted Stock Units vest on January 20, 2024; 14,601 Restricted Stock Units vest on January 20, 2025; and 14,601 Restricted Stock Units vest on January 20, 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.