ownership of the security within 60 days (“exercisable stock options”). Unless otherwise indicated, each beneficial owner named has sole voting and investment power with respect to the shares identified.
(b)
The percentage of Common Stock beneficially owned was calculated based on the number of shares of Common Stock outstanding as of February 21, 2023.
(c)
Based solely on information as of December 31, 2022, contained in Amendment No. 1 to Schedule 13G, filed with the U.S. Securities and Exchange Commission (“SEC”) on January 23, 2023. These shares may be owned by one or more of the following entities controlled by BlackRock, Inc.: BlackRock Advisors, LLC, Aperio Group, LLC, BlackRock (Netherlands) B.V., BlackRock Fund Advisors (which beneficially owns 5% or more of the shares of Common Stock outstanding), BlackRock Institutional Trust Company, National Association, BlackRock Asset Management Ireland Limited, BlackRock Financial Management, Inc., BlackRock Asset Management Schweiz AG, BlackRock Investment Management, LLC, BlackRock Investment Management (UK) Limited, BlackRock Asset Management Canada Limited, BlackRock Investment Management (Australia) Limited, and BlackRock Fund Managers Ltd.
(d)
Based solely on information as of December 30, 2022, contained in Amendment No. 9 to Schedule 13G, filed with the SEC on February 9, 2023, including that The Vanguard Group has shared investment power as to 225,351 shares and shared voting power as to 99,370 shares. These shares may be owned by The Vanguard Group, Inc.’s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts.
(e)
Based solely on information as of December 30, 2022, contained in Amendment No. 5 to Schedule 13G, filed with the SEC on February 10, 2023. These shares may be owned by investment companies, commingled funds, group trusts, and separate accounts for which Dimensional Fund Advisors LP or its subsidiaries serves as investment adviser, sub-adviser, and/or investment manager.
(g)
Mr. Makris owns of record 248,088 shares; 301,116 shares are held jointly with his spouse; 9,270 shares are held in his IRA; 10,990 shares are held in his wife’s IRA, 12,000 shares held in a trust for his benefit, 1,016 shares were held in his account in the Company’s 401(k) Plan; 6,623 shares were held in his account in the SFNC Employee Stock Purchase Plan and 178,730 shares were deemed held through exercisable stock options.
(h)
Mr. Fehlman owns of record 111,782 shares; 15,273 shares were held in his fully vested account in the Company’s 401(k) Plan; 1,851 shares were held in his account in the SFNC Employee Stock Purchase Plan; 76,170 shares were deemed held through exercisable stock options; and 1,500 shares were held by his daughter.
(i)
Mr. Reddin owns of record 36,839 shares; 300 shares were held in his fully vested account in the Company’s 401(k) Plan and 22,640 shares were deemed held through exercisable stock options.
(j)
Mr. Massanelli owns of record 51,450 shares; 4,700 shares were held in his IRA; 300 shares were held in his fully vested account in the Company’s 401(k) Plan; and 34,470 shares were deemed held through exercisable stock options.
(k)
Mr. Bass owns of record 2,460 shares and 165,015 shares are owned jointly with his spouse.
(l)
Mr. Burchfield owns of record 88,100 shares and 1,388 shares are owned by his wife.
(m)
Mr. Casteel owns of record 154,072 shares; 8,475 shares are owned jointly with his wife; 22,434 shares are held in his fully vested account in the Company’s 401(k) Plan; and 5,230 shares are held in his account in the SFNC Employee Stock Purchase Plan.
(n)
Mr. Clark owns of record 22,255 shares and 3,000 shares are owned jointly with his spouse.
(o)
Mr. Cossé owns of record 26,285 shares and 54,632 shares are owned jointly with his spouse.
(p)
Mr. Doramus owns 32,316 shares jointly with his spouse.
(q)
Mr. Hunt owns of record 21,726 shares; 1,000 shares are owned jointly with his daughter; and 832 shares are held in his IRA.
(r)
Mr. Shoptaw owns of record 28,871 shares; 36,000 shares are held jointly with his spouse; and 4,800 shares are held in his IRA.
(s)
Mr. Teubner owns of record 11,823 shares; 64,572 shares are held in his IRA; 2,478 shares are held in his wife’s IRA; and 27,948 shares are held by Mr. Teubner’s foundation.