Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 77

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 77
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 equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal

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to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:

| Year 
 2024 |     |     Year End 
   Fair Value 
    of Equity 
       Awards 
  $ 2,963,454 |     |      Year over 
           Year 
      Change in 
           Fair 
       Value of 
    Outstanding 
            and 
       Unvested 
         Equity 
         Awards 
 $       37,544 |   |     | Fair Value 
 as of      
 Vesting    
 Date of    
 Equity     
 Awards     
 Granted    
 and        
 Vested in  
 the Year   
 $ —        |     |    Year over 
         Year 
    Change in 
   Fair Value 
    of Equity 
       Awards 
   Granted in 
        Prior 
   Years that 
    Vested in 
     the Year 
  $   (14,487 | ) |     | Fair Value  
 at the End  
 of the      
 Prior Year  
 of Equity   
 Awards      
 that Failed 
 to Meet     
 Vesting     
 Conditions  
 in the      
 Year