Kevin Hester - 31 Dec 2021 Form 5 Insider Report for HOME BANCSHARES INC (HOMB)

Role: Chief Lending Officer
Signature: /s/ Kevin Hester by Micah Osborne
Issuer symbol: HOMB
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 5
Filing time: 11 Feb 2022, 09:19:32 UTC
Next filing: 09 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HOMB	Common Stock - Performance Based						30,000	31 Dec 2021	Direct	F1, F2
holding	HOMB	Common Stock						104,912	31 Dec 2021	Direct	F1
holding	HOMB	Common Stock						5,762	31 Dec 2021	By 401(k)	F3
holding	HOMB	Common Stock						7,128	31 Dec 2021	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
holding	HOMB	Performance Stock Option						100,000	31 Dec 2021	Common Stock	100,000	$18.46	Direct	F4
holding	HOMB	Performance Stock Option						60,000	31 Dec 2021	Common Stock	60,000	$23.32	Direct	F5
holding	HOMB	Stock Option						20,000	31 Dec 2021	Common Stock	20,000	$21.25	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person had 6,666 shares of performance based restricted stock vest since the last filing.
F2	The Performance Stock awarded on July 19, 2018 will vest in 33 1/3% installments over three years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021 and the stock will begin vesting on March 31, 2024.
F3	Includes 125.91 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
F4	Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 is exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal was met on December 31, 2016. Therefore, the first installment became exercisable on August 24, 2016.
F5	The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met. The performance goal was met on March 31, 2021. Therefore, the first installment will become exercisable on March 31, 2022.
F6	The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.