Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hester Kevin
   2. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [HOMB] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Lending Officer
(Last)
(First)
(Middle)
P.O. BOX 966		 3. Date of Earliest Transaction (Month/Day/Year)
12/13/2012
(Street)

CONWAY, AR 72033		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 12/13/2012   M   4,859 A $ 6.17 12,018 D  
Common Stock 12/13/2012   M   2,431 A $ 7.85 14,449 D  
Common Stock 12/13/2012   M   7,603 A $ 11.09 22,052 D  
Common Stock               1,208.321 (7) I By 401(k)
Common Stock - Restricted               4,558 (5) (6) (9) D  
Common Stock - Performance Based               2,000 (8) D  
Common Stock               1,782 I Held by IRA

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Stock Option $ 6.17 12/13/2012   M     4,859   (3)   (4) Common Stock 4,859 $ 0 0 D  
Stock Option $ 7.85 12/13/2012   M     2,431   (1)   (2) Common Stock 2,431 $ 0 0 D  
Performance Stock Option $ 11.09 12/13/2012   M     7,603 01/01/2010 03/13/2016 Common Stock 7,603 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hester Kevin
P.O. BOX 966
CONWAY, AR 72033		       Chief Lending Officer  

Signatures

 /s/Kevin Hester by Rachel Wesson   12/17/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The option is exercisable in five equal annual installments. The first installment became exercisable on December 31, 2002.
(2) The option expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2002 and expres on December 31, 2012.
(3) The option is exercisable in five equal annual installments. The first installment became exercisable on December 31, 1999.
(4) The option expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 1999 and would have expired on December 31, 2009.
(5) Restricted Stock granted on February 2, 2011 will vest in 33 1/3% installments over three years each February 2nd.
(6) Restricted Stock granted on January 22, 2010 will vest in 33 1/3% installments over three years each January 22nd.
(7) Includes 9.0620 shares acquired through the Home BancShares, Inc. 401(k) Plan since the last filing.
(8) The Performance Stock awarded on August 2, 2012 will "cliff" vest on the third annual anniversary of the date that the performance goal is met. The performance goal will be met as of the end of the calendar quarter when the Company has averaged $0.625 diluted earnings per share for four consecutive quarters or $2.50 total diluted earnings per share over a period of four consecutive quarters.
(9) Restricted Stock granted on August 2, 2012 will "cliff" vest 100% three years from award date.

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