Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 2

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 2
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 A Common Stock, par value $0.01 per share, of the Company (the “Common Stock”) will be entitled to one vote, in person or by proxy, for each share of Common Stock owned of record as of the close of business on March 5, 2025. On that date, the Company had 125,918,825shares of Common Stock outstanding and entitled to vote at the meeting. 4,137,332 of such shares were held by the trust division of Simmons Bank (“Bank”) in a fiduciary capacity, of which 159,750shares cannot be voted by the Bank at the meeting. All actions requiring a vote of the shareholders must be taken at a meeting at which a quorum is present in person or by proxy. A quorum consists of a majority of the outstanding shares entitled to vote upon a matter. With respect to each of Proposals1,3, and4, approval requires that the votes cast “for” the proposal exceed the votes cast “against” it. With respect to Proposal 2, the Company’s articles of incorporation and by -lawsprovide that, in an “uncontested election,” which is an election in which the number of nominees for director is less than or equal to the number of directors to be elected, a nominee for director shall be elected by a majority of the votes cast by the shares present in person or represented by proxy at the meeting and entitled to vote thereon. This means that the votes cast “for” a director nominee must exceed the votes cast “against” such nominee. If an incumbent nominee does not receive the required votes for election at the meeting, the Company’s by -lawsrequire that the director immediately tender his or her resignation to the Board. The Board, through a process managed by the Board’s Nominating and Corporate Governance Committee (“NCGC”), will consider whether to accept the director’s offer of resignation and will publicly disclose its decision. To be elected in a “contested election,” which is an election in which the number of nominees for director is greater than the number of directors to be elected, a nominee for director must receive a plurality of the votes cast by the shares present in person or represented by proxy at the meeting and entitled to vote thereon. 1 All proxies submitted will be tabulated by Computershare, the transfer agent for the Common Stock. The enclosed proxy card also provides a method for shareholders to abstain from voting on each matter presented. By abstaining with respect to any of