Tracy French - Dec 2, 2022 Form 4 Insider Report for HOME BANCSHARES INC (HOMB)

Role: Centennial Bank CEO/President, Director
Signature: /s/ Tracy French by Micah Osborne
Stock symbol: HOMB
Transactions as of: Dec 2, 2022
Transactions value $: -$1,243,614
Form type: 4
Date filed: 12/5/2022, 03:08 PM
Previous filing: Jan 25, 2022
Next filing: Jan 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOMB	Common Stock	Options Exercise	$345K	+40K	+24.1%	$8.62	206K	Dec 2, 2022	Direct	F1
transaction	HOMB	Common Stock	Options Exercise	$382K	+40K	+19.42%	$9.54	246K	Dec 2, 2022	Direct	F1
transaction	HOMB	Common Stock	Tax liability	-$726K	-28.6K	-11.64%	$25.37	217K	Dec 2, 2022	Direct	F1
transaction	HOMB	Common Stock	Sale	-$1.24M	-51.4K	-23.64%	$24.21	166K	Dec 5, 2022	Direct	F1
holding	HOMB	Common Stock - Restricted Stock						6K	Dec 2, 2022	Direct	F1, F2, F3, F4
holding	HOMB	Common Stock - Performance Based						75K	Dec 2, 2022	Direct	F5
holding	HOMB	Common Stock						29.7K	Dec 2, 2022	By IRA
holding	HOMB	Common Stock						47K	Dec 2, 2022	By 401(k)	F6

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	HOMB	Stock Option	Options Exercise	$0	-40K	-100%	$0.00^*	0	Dec 2, 2022	Common Stock	40K	$8.62	Direct	F7
transaction	HOMB	Stock Option	Options Exercise	$0	-40K	-100%	$0.00^*	0	Dec 2, 2022	Common Stock	40K	$9.54	Direct	F8
holding	HOMB	Stock Option						100K	Dec 2, 2022	Common Stock	100K	$14.71	Direct	F9
holding	HOMB	Performance Stock Option						150K	Dec 2, 2022	Common Stock	150K	$18.46	Direct	F10
holding	HOMB	Performance Stock Option						150K	Dec 2, 2022	Common Stock	150K	$23.32	Direct	F11

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

Explanation of Responses:

Id	Content
F1	The reporting person had 1,000 shares of restricted stock vest since the last filing.
F2	Restricted Stock granted on January 27, 2020 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
F3	Restricted Stock granted on January 22, 2021 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date
F4	Restricted Stock granted on January 21, 2022 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
F5	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.
F6	Includes 1020.24 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
F7	The option is exercisable in five equal annual installments. The first installment became exercisable on January 18, 2014.
F8	The option is exercisable in five equal annual installments. The first installment becomes exercisable on April 18, 2014.
F9	The option is exercisable in five equal annual installments. The first installment became exercisable on January 16, 2016.
F10	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.
F11	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 and the stock options began vesting on March 31, 2022.