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SIMMONS FIRST NATIONAL CORP — Director's Dealing 2019
Feb 28, 2019
31435_dirs_2019-02-28_b6bf1e1c-cded-4fbc-abf1-c6ab660a72df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SIMMONS FIRST NATIONAL CORP (SFNC)
CIK: 0000090498
Period of Report: 2019-02-26
Reporting Person: Garner David W (EVP, Controller & CAO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-26 | Restricted Stock Unit | $ | A | 1760 | Acquired | Common (1760) | Direct | |
| 2019-02-26 | Performance Stock Unit | $ | A | 3520 | Acquired | Common (3520) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| SFNC | 31151 | Direct |
| SFNC | 4306 | Direct |
| SFNC | 5874 | Direct |
| SFNC | 6000 | Indirect |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F2: 586 Restricted Stock Units vest on February 26, 2020; 587 Restricted Stock Units vest on February 26, 2021 and 587 Restricted Stock Units vest on February 26, 2022. 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.
F3: Each Performance Stock Unit represents a contingent right to receive one share of Simmons First National Corporation common stock.
F4: 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, 2021, contingent upon the reporting person's continued employment with the registrant.