SIMMONS FIRST NATIONAL CORP — Director's Dealing 2017

Jan 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIMMONS FIRST NATIONAL CORP (SFNC)
CIK: 0000090498
Period of Report: 2017-01-17

Reporting Person: Garner David W (EVP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-17	SFNC	A	1240	$58.50	Acquired	11544	Direct
2017-01-17	SFNC	F	491	$58.50	Disposed	11053	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-17	Restricted Stock Unit	$	A	771	Acquired		Common (771)	Direct
2017-01-17	Performance Stock Unit	$	A	1542	Acquired		Common (1542)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
SFNC	1751	Direct
SFNC	2937	Direct

Footnotes

F1: Shares increased through the Employee Stock Purchase Plan.

F2: Employee Stock Ownership Plan merged into 401K Plan.

F3: Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.

F4: One third of the Restricted Stock Unit vests on January 17, 2018, 2019 and 2020. 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.

F5: Each Performance Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.

F6: The shares listed are the maximum number of shares which may vest under this grant. Vesting will occur subsequent to the attainment
of performance goals set and verified by the Compensation Committee of the Company's Board of Directors for the performance period
ending December 31, 2019, contingent upon the reporting person's continued employment with the registrant.