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 *
Ashley Richard H
   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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
P.O. BOX 966		 3. Date of Earliest Transaction (Month/Day/Year)
08/11/2016
(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 08/11/2016   S   220,000 D $ 21.4002 1,789,236 (1) I By RH Ashley Investments LLC
Common Stock 08/11/2016   S   220,000 D $ 21.4002 2,248,960 (1) I By Conservative Development
Common Stock - Restricted               4,000 (1) (2) (3) D  
Common Stock               130,601.9904 (1) D  
Common Stock               7,570.78 (1) (4) I By Wife IRA
Common Stock               25,669.6 (1) I By Wife
Common Stock               15,135 (1) (5) I By IRA
Common Stock               1,088 (1) I Custodian for children
Common Stock               3,500 (1) I By Square Associates LLC

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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
Common Stock $ 17.12 (6)               (7) 04/15/2025 Common Stock 20,000 (1)   20,000 D  
Common Stock $ 4.3 (6)               (8) 01/09/2018 Common Stock 4,752 (1)   4,752 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Ashley Richard H
P.O. BOX 966
CONWAY, AR 72033		   X      

Signatures

 /s/Richard H. Ashley by Rachel Wesson   08/19/2016
**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 reporting person received shares as a result of the Company declaring a 2-for-1 stock split to shareholders of record as of May 18, 2016 and made payable June 8, 2016.
(2) Restricted Stock granted on January 25, 2016 will "cliff" vest 100% three years from award date.
(3) Restricted Stock granted on January 16, 2015 will "cliff" vest 100% three years from award date.
(4) Includes 58.02 split adjusted shares acquired through the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
(5) Includes 241 split adjusted shares acquired through the Home BancShares, Inc. Dividend Reinvestment Plan since the last filing.
(6) The exercise price decreased and the number of shares exercisable increased as a result of the Company declaring a 2-for-1 stock split to shareholders of record May 18, 2016 and made payable June 8, 2016.
(7) The option is exercisable in five equal annual installments. The first installment becomes exercisable on April 16, 2016.
(8) The option became exercisable in five equal annual installments beginning on January 10, 2009.

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