Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 41

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 41
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 Period are time vested in approximately equal installments on the first, second, and third anniversary of the grant date. For the 2026 Performance Period, the PSUs were granted to the equity incentive plan participants in February 2024 and will be payable in early 2027 after certification of the results of the 2026 Performance Period by the Compensation Committee or, in the case of Mr. Makris, Jr. and Mr. Fehlman, the Board. In February 2024, the Compensation Committee established the performance criteria and the target payout for the PSUs, under the LTIP, including the participating named executive officers. The table below sets forth certain details for the equity incentive for the participating named executive officers in the 2026 Performance Period:

| Executive Name & Title as of December 31, 2024 |     |         Targeted 
 Equity Incentive 
   (% of Salary)* |   |     |         Targeted 
 Equity Incentive 
              ($) |     |          RSU 
   Allocation 
          ($) |     |          PSU 
   Allocation 
          ($) |
|:-----------------------------------------------|:----|-----------------:|:--|:----|-----------------:|:----|-------------:|:----|-------------:|
| Robert A Fehlman, CEO                          |     |              135 | % |     |      $ 1,350,000 |     | $    675,000 |     | $    675,000 |
| C. Daniel Hobbs, CFO                           |     |               90 | % |     |     $    427,500 |     | $    213,750 |     | $    213,750 |
| George A. Makris, Jr., Exec. Chairman          |     |              225 | % |     |      $ 2,250,000 |     |  $ 1,125,000 |     |  $ 1,125,000 |
| James M. Brogdon, President                    |     |              120 | % |     |     $    840,000 |     | $    420,000 |     | $    420,000 |
| George A. Makris III, EVP                      |     |               60 | % |     |     $    240,000 |     | $    120,000 |     | $    120,000 |

________________________ *The percentage set forth in this