FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ALLISON JOHN W
2. Issuer Name and Ticker or Trading Symbol

HOME BANCSHARES INC [ HOMB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman & CEO
(Last)          (First)          (Middle)

P.O. BOX 966
3. Date of Earliest Transaction (MM/DD/YYYY)

1/20/2023
(Street)

CONWAY, AR 72033
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock - Restricted Stock 1/20/2023  A  3000 (1)A$0.00 155000 D  
Common Stock - Restricted Stock 1/20/2023  A  50000 (2)A$0.00 205000 (3)(4)(5)(6)(7)D  
Common Stock - Performance Based 1/20/2023  A  100000 (8)A$0.00 300000 (9)(10)D  
Common Stock         860360 I By Wife 
Common Stock         1605 I By IRA 
Common Stock         25364.405 I By 401(k) 
Common Stock         67328 I By Capital Buyers 
Common Stock         5467153 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Restricted Stock granted on January 20, 2023 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
(2) Restricted Stock granted on January 20, 2023 will cliff vest on the third anniversary of the award date.
(3) 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.
(4) Restricted Stock granted on January 21, 2022 will cliff vest on the third anniversary of the award date.
(5) Restricted Stock granted on February 08, 2021 will cliff vest on the third anniversary of the award date.
(6) 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.
(7) The reporting person had 1,000 shares of restricted stock vest since the last filing.
(8) The Performance Stock awarded on January 20, 2023 will vest in whole or in part after December 31, 2025 upon the certification by the Compensation Committee that certain performance measures have been satisfied.
(9) The Performance Stock awarded on February 8, 2021 will vest in whole or in part after December 31, 2023 upon the certification by the Compensation Committee that certain performance measures have been satisfied.
(10) The Performance Stock awarded on January 21, 2022 will vest in whole or in part after December 31, 2024 upon the certification by the Compensation Committee that certain performance measures have been satisfied.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
ALLISON JOHN W
P.O. BOX 966
CONWAY, AR 72033
X
Chairman & CEO

Signatures
/s/ John W. Allison by Micah Osborne1/24/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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