Statement of Changes in Beneficial Ownership (4)

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 ^* Townsell Donna	2. Issuer Name and Ticker or Trading Symbol HOME BANCSHARES INC [ HOMB ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Director of Investor Relations
(Last) (First) (Middle) P.O. BOX 966	3. Date of Earliest Transaction (MM/DD/YYYY) 12/15/2020
(Street) CONWAY, AR 72033 (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)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/11/2020		G		1000	A	$0.00	10583.5525 ⁽¹⁾	I	Custodian for Daughter
Common Stock	12/11/2020		G		1000	A	$0.00	39875 ⁽²⁾	D
Common Stock	12/15/2020		M		40000	A	$6.56	79875	D
Common Stock	12/15/2020		F		13287	D	$19.75	66588	D
Common Stock - Performance Based								38333 ⁽³⁾⁽⁴⁾	D
Common Stock - Restricted Stock								3000 ⁽²⁾⁽⁵⁾	D

*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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$6.56	12/15/2020		M			40000	⁽⁶⁾	1/19/2022	Common Stock	40000	$0.00	0	D
Performance Stock Option	$23.32							⁽⁷⁾	7/19/2028	Common Stock	50000		50000	D
Performance Stock Option	$18.46							⁽⁸⁾	8/23/2025	Common Stock	100000		100000	D
Stock Option	$21.25							⁽⁹⁾	4/20/2026	Common Stock	20000		20000	D
Stock Option	$22.22							⁽¹⁰⁾	4/18/2028	Common Stock	10000		10000	D

Explanation of Responses:
(1)	Includes 151.8679 shares acquired through the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
(2)	The reporting person had 6,666 shares of restricted stock vest since the last filing.
(3)	The Performance Stock awarded on August 24, 2015 will vest in 33 1/3% installments over five years beginning on the third annual anniversary of the date that the performance goal is met. The performance goal was met on December 31, 2016 and began vesting in 33 1/3% installments on December 31, 2019.
(4)	The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met.
(5)	Restricted Stock granted on January 27, 2020 will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date.
(6)	The option is exercisable in five equal annual installments. The first installment became exercisable on January 20, 2013.
(7)	The Performance Stock Option awarded on July 19, 2018 is exercisable in five equal annual installments beginning on the first annual anniversary of the date that the performance goal is met.
(8)	Once the performance goal has been met, the Performance Stock Option awarded on August 24, 2015 is exercisable in seven equal annual installments beginning on the first annual anniversary of the award date. The performance goal was met on December 31, 2016. Therefore, the first installment became exercisable on August 24, 2016.
(9)	The option is exercisable in five equal annual installments. The first installment became exercisable on April 21, 2017.
(10)	The option is exercisable in five equal annual installments. The first installment becomes exercisable on April 20, 2019.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Townsell Donna P.O. BOX 966 CONWAY, AR 72033	X		Director of Investor Relations