Robert L. Shoptaw - May 3, 2023 Form 4 Insider Report for SIMMONS FIRST NATIONAL CORP (SFNC)

Role
Director
Signature
/s/ Robert L. Shoptaw by Natalie Gassiott
Stock symbol
SFNC
Transactions as of
May 3, 2023
Transactions value $
$14,997
Form type
4
Date filed
5/5/2023, 06:12 PM
Previous filing
Jan 5, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFNC SFNC Common Stock Options Exercise $15K +951 +1.47% $15.77 65.8K May 3, 2023 Direct
holding SFNC SFNC Common Stock 4.8K May 3, 2023 By IRA

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 +3.81K $0.00 3.81K May 3, 2023 SFNC Common Stock 3.81K Direct F1, F2
transaction SFNC Restricted Stock Unit Options Exercise $0 -951 -24.99% $0.00 2.85K May 3, 2023 SFNC Common Stock 951 $15.77 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 951 Restricted Stock Units vest on May 3, 2023; 951 Restricted Stock Units vest on July 3, 2023; 951 Restricted Stock Units vest on October 2, 2023; and 952 Restricted Stock Units vest on January 2, 2024. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.
F3 The Restricted Stock Units vested on May 3, 2023. Shares will be delivered within 30 days of vesting.
F4 951 Restricted Stock Units vest on July 3, 2023; 951 Restricted Stock Units vest on October 2, 2023; and 952 Restricted Stock Units vest on January 2, 2024. SFNC shares will be delivered within 30 days of vesting. Events such as retirement, death, disability, and other specified events in the award agreement may result in earlier vesting.