George Makris Jr. - 24 Feb 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
24 Feb 2023
Net transactions value
+$234,286
Form type
4
Filing time
28 Feb 2023, 16:46:09 UTC
Previous filing
24 Jan 2023
Next filing
25 Apr 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 Options Exercise $203,302 +9,076 +1.6% $22.40 565,919 24 Feb 2023 Direct
transaction SFNC SFNC Common Stock Tax liability $89,981 -4,017 -0.71% $22.40 561,902 24 Feb 2023 Direct
transaction SFNC SFNC Common Stock Options Exercise $216,996 +9,696 +1.7% $22.38 571,598 27 Feb 2023 Direct
transaction SFNC SFNC Common Stock Tax liability $96,033 -4,291 -0.75% $22.38 567,307 27 Feb 2023 Direct
holding SFNC SFNC Common Stock 12,000 24 Feb 2023 By Trust
holding SFNC SFNC Common Stock 9,270 24 Feb 2023 By IRA
holding SFNC SFNC Common Stock 10,990 24 Feb 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 Options Exercise $0 -9,076 -33% $0.000000 18,152 24 Feb 2023 SFNC Common Stock 9,076 $22.40 Direct F1, F2
transaction SFNC Restricted Stock Unit Options Exercise $0 -9,696 -100% $0.000000* 0 27 Feb 2023 SFNC Common Stock 9,696 $22.38 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Unit vested on February 24, 2023. Shares will be delivered within 30 days of vesting.
F2 9,076 Restricted Stock Units vest on February 24, 2024; and 9,076 Restricted Stock Units vest on February 24, 2025. 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 February 27, 2023. Shares will be delivered within 30 days of vesting.