Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 72

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 72
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 become payable commencing on the first day of the seventh month after such event. In the event of the termination of the participant’s employment under any other conditions prior to the executive’s attaining age 60 for Mr. Fehlman, Mr. Hobbs, Mr. Brogdon, and Mr. Makris III, and age 65 for Mr. Makris, Jr., all benefits under the respective plans are forfeited. For purposes of the disclosure in the table below, SEC regulations require that such change in control be assumed to occur on the last day of the most recently completed fiscal year. As a result of such assumption, each participant would become fully vested in the benefits under the executive’s plan. Miscellaneous Benefits. Under the CIC Agreements, which are discussed above at “Compensation Discussion and Analysis,” the Company is obligated to pay certain other benefits. This includes continuation of medical, dental, life, and long -termdisability insurance coverage for three years from the date of the change in control and certain tax gross -uppayments for Mr. Fehlman. The conditions to the Company’s obligations under the CIC Agreements are discussed above. Except for the benefits payable under the CIC Agreements, the Company has no obligation to continue any other perquisites after a named executive officer’s employment terminates. 48

In addition, as described in the “Compensation Discussion and Analysis” section above, the Company has purchased bank owned life insurance that provides a defined, lump -sumdeath benefit for certain of the named executive officer’s designated beneficiary or estate.

| Executive Benefits and Payments upon Termination 
 Robert A. Fehlman                                |     |        Retirement |     |   Involuntary 
 Not for Cause 
   Termination |     | Change in     
 Control With  
 and Without   
 Trigger Event 
 Termination   |              |     |            Death/ 
        Disability |
|:-------------------------------------------------|:----|------------------:|:----|--------------:|:----|:--------------|-------------:|:----|------------------:|
| Cash compensation programs                       |     | $               0 |     |           $ 0 |     | $             | 4,000,000[a] |     | $               0 |
| Accelerated Vesting of Incentives[b]             |     | $               0 |     |           $ 0 |     | $             |    3,094,908 |     |       $ 4,553