SIMMONS FIRST NATIONAL CORP — Director's Dealing 2006

May 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMMONS FIRST NATIONAL CORP (SFNC)
CIK: 0000090498
Period of Report: 2006-05-22

Reporting Person: Archer Kevin J (SR. VP)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-23	Incentive Stock Option	$24.50	X	0	Acquired	2015-05-23	Common (404)	Direct
2005-05-23	Incentive Stock Option	$24.50	X	0	Acquired	2015-05-23	Common (606)	Direct
2006-05-22	Incentive Stock Option	$26.19	X	0	Acquired	2016-05-20	Common (200)	Direct
2006-05-22	Incentive Stock Option	$26.19	X	0	Acquired	2016-05-20	Common (200)	Direct
2006-05-22	Incentive Stock Option	$26.19	X	0	Acquired	2016-05-20	Common (200)	Direct
2006-05-22	Incentive Stock Option	$26.19	X	0	Acquired	2016-05-20	Common (200)	Direct
2006-05-22	Incentive Stock Option	$26.19	X	0	Acquired	2016-05-20	Common (200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
SFNC	1132	Direct