Sec Form 4 Filing - Davis Brian @ HOME BANCSHARES INC - 2016-09-06

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Davis Brian 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) Chief Financial Officer (Last) (First) (Middle) P.O. BOX 966 3. Date of Earliest Transaction (MM/DD/YY) 09/06/2016 (Street) CONWAY, AR72033 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 09/06/2016 M 7,128 A $ 2.66 18,976 ( 1 ) D Common Stock 09/06/2016 M 7,760 A $ 4.66 26,736 D Common Stock 09/06/2016 S 14,888 D $ 23.1518 11,848 D Common Stock 7,128 ( 1 ) I By IRA Common Stock - Restricted 20,000 ( 1 ) ( 2 ) D Common Stock - Performance Based 26,000 ( 1 ) ( 3 ) ( 4 ) D Common Stock 2,260.577 ( 1 ) ( 5 ) I By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option $ 2.66 ( 6 ) 09/06/2016 M 7,128 ( 7 ) ( 8 ) Common Stock 7,128 ( 1 ) $ 0 0 D Stock Option $ 4.66 ( 6 ) 09/06/2016 M 7,760 ( 9 ) 08/28/2017 Common Stock 7,760 ( 1 ) $ 0 0 D Stock Option $ 5.68 ( 6 ) ( 10 ) 10/16/2018 Common Stock 13,200 ( 1 ) 13,200 D Stock Option $ 16.77 ( 6 ) ( 11 ) 04/16/2024 Common Stock 20,000 ( 1 ) 20,000 D Performance Stock Option $ 18.46 ( 6 ) ( 12 ) 08/23/2025 Common Stock 100,000 ( 1 ) 100,000 D Stock Option $ 16.86 ( 6 ) ( 13 ) 03/11/2025 Common Stock 50,000 ( 1 ) 50,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Davis Brian P.O. BOX 966 CONWAY, AR72033 X Chief Financial Officer Signatures /s/ Brian Davis by Rachel Wesson 09/06/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting person received shares as a result of the Company declaring a 2-for-1 stock split to shareholders of record as of May 18, 2016 and made payable June 8, 2016. ( 2 )Restricted Stock granted on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third anniversary of the award date. ( 3 )The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters. ( 4 )The Performance Stock awarded on August 2, 2012 will "cliff" vest on the third annual anniversary of the date that the performance goal is met. The performance goal was met on September 30, 2013 and will therefore "cliff" vest 100% on September 30, 2016. ( 5 )Includes 25.867 shares acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing. ( 6 )The exercise price decreased as a result of the Company declaring a 2-for-1 stock split to shareholders of record May 18, 2016 and made payable June 8, 2016. ( 7 )The option is exercisable in five equal annual installments. The first installment became exercisable on November 22, 2005. ( 8 )The option expires 10 years from the exercisable date. None of this option issuance remaining. ( 9 )The option is exercisable in five equal annual installments. The first installment became exercisable on August 29, 2008. ( 10 )The option is exercisable in five equal annual installments. The first installment became exercisable on October 17, 2009. ( 11 )The option is exercisable in five equal annual installments. The first installment became exercisable on April 17, 2015. ( 12 )Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 will become exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters. ( 13 )The option is exercisable in five equal annual installments. The first installment becomes exercisable on March 12, 2016.

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 Number.