Company: SFNC
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001174947-25-000476
Chunk: 58

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 58
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 974,072 |
| 2023                              |     |    $ |   370,001 |           |       $ |  66,319 |          | $ |   216,014 |        |      $  0 |     | $               0 |     |        $   47,393 |     |   $   55,759 |     |            $ |   755,486 |       |           |

________________________ [a]Due to the Company’s conversion from a current to an in arrears payroll schedule during 2024, the amounts reported in this column are less than the approved annual salary amounts for each of the named executive officers. [b]This category reflects the payment of a cash bonus in an amount equal to dividend equivalents on vested PSUs for 2023 and 2022, and other cash bonuses. For 2023 (except with respect to Mr. Makris, Jr.), this category also reflects the CIP bonus awards paid in the discretion of the Compensation Committee, as discussed in the Company’s 2024 proxy statement filed with the SEC on March 20, 2024. For 2022, this category also reflects the cash bonus awarded to Mr. Brogdon in connection with the successful completion of the Company’s acquisitions of Landmark Community Bank, Triumph Bancshares, Inc., and Spirit of Texas Bancshares, Inc., and in recognition of such exemplary leadership and service, as discussed in the Company’s 2023 proxy statement filed with the SEC on March 14, 2023. [c]The award of stock or options is disclosed at the grant date fair value measured in dollars and calculated in accordance with Accounting Standards Codification Topic 718, Compensation — Stock Compensation (“Topic 718”). For RSUs and PSUs, the Topic 718 fair value per share is based on the closing price of the stock on the date of grant. For stock options, the Topic 718 fair value per share is based on certain assumptions which are explained in Note 14 to the Company’s financial statements which are included in the annual report on Form 10-K filed with the SEC on February 27, 2025. PSUs are shown using their target payout. Assuming the highest level of performance is achieved under the applicable performance conditions for PSUs, the maximum possible value of the 2024 total stock awards reported in the “Stock Awards” column for Messrs. Fehlman, Hobbs, Makris, Jr.,