FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Wewers Christopher M.
2. Issuer Name and Ticker or Trading Symbol

FIRST FEDERAL BANCSHARES OF ARKANSAS INC [ FFBH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

FIRST FEDERAL BANK, 1401 HWY. 62/65 N.
3. Date of Earliest Transaction (MM/DD/YYYY)

7/19/2013
(Street)

HARRISON, AR 72601
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   7/19/2013     X    95000   A $3   95000   D    
Common Stock   7/19/2013     F (1)    29384   D $9.7   65616   D    
Common Stock                  794   I   401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy)   $3   7/19/2013     X         95000    5/3/2011   6/27/2014   Common Stock   95000   $0   0   D    
Restricted Stock Units     (2)                    (3)   (3) Common Stock     (3)   31200   D    

Explanation of Responses:
( 1)  On July 19, 2013, the reporting person exercised a warrant to purchase 95,000 shares of First Federal Bancshares of Arkansas, Inc. (FFBH) common stock at $3 per share. The reporting person paid the exercise price on a cashless basis, resulting in FFBH's withholding of 29,384 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 65,616 shares.
( 2)  Each Restricted Stock Unit represents a contingent right to receive one share of FFBH common stock.
( 3)  1,200 Restricted Stock Units awarded on 2/20/2013 with one-third of these scheduled to vest on February 20, 2014, February 20, 2015, and February 20, 2016, assuming continued employment through the applicable vesting date. 30,000 Restricted Stock Units awarded on 6/30/2013 shall vest on June 30, 2020, assuming continued employment through the applicable vesting date.

Remarks:
Exhibit 24. Power of Attorney

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Wewers Christopher M.
FIRST FEDERAL BANK, 1401 HWY. 62/65 N.
HARRISON, AR 72601
X
President & CEO

Signatures
Sherri Billings attorney-in-fact for Christopher M. Wewers 7/23/2013
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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