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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1. Name and Address of Reporting Person * ALLISON JOHN W   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) Chairman (Last) (First) (Middle) P.O. BOX 966 3. Date of Earliest Transaction (Month/Day/Year) 09/23/2016 (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 03/01/2016   G V 2,000 D $ 0 7,643,984 (1) D   Common Stock 09/23/2016   J   2,650,000 D $ 22 4,993,984 (2) D   Common Stock - Restricted               286,666 (1) (3) (4) (5) D   Common Stock               13,706.312 (1) (6) I By 401(k) Common Stock               67,328 (1) I By Capital Buyers Common Stock               16,272 (1) I By IRA Common Stock               855,360 (1) I By wife

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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

$ 4.27 (7)

(8)

01/17/2018

Common Stock

71,280 (1)

71,280

D

Stock Option

$ 4.3 (7)

(9)

01/09/2018

Common Stock

9,504 (1)

9,504

D

Stock Option

$ 5.08 (7)

(10)

01/18/2017

Common Stock

95,040 (1)

95,040

D

Stock Option

$ 8.62 (7)

01/18/2014

01/17/2023

Common Stock

100,000 (1)

100,000

D

Stock Option

$ 2.1 (7)

(11)

(11)

Common Stock

1,425 (1)

1,425

D

Stock Option

$ 2.46 (7)

(12)

(12)

Common Stock

2,851 (1)

2,851

D

Stock Option

$ 2.66 (7)

(13)

(13)

Common Stock

4,276 (1)

4,276

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ALLISON JOHN W P.O. BOX 966 CONWAY, AR 72033	X		Chairman

Signatures

/s/John W. Allison by Rachel Wesson		09/26/2016
**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)	The reporting person sold these shares to the underwriter in a registered, underwritten secondary offering. The reported sale price reflects the public offering price of $22.00 per share. The reporting person received a price per share of $21.56, net of underwriting discounts and commissions.
(3)	Restricted Stock granted on January 25, 2016 will "cliff" vest 100% three years from award date.
(4)	Restricted Stock granted on January 17, 2014 will vest in 33 1/3% installments over three years each January 17th.
(5)	Restricted Stock granted on January 16, 2015 will "cliff" vest 100% three years from award date.
(6)	Includes 156.676 shares acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing.
(7)	The exercise price decreased 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.
(8)	The option became exercisable in five equal annual installments beginning on January 18, 2009.
(9)	The option became exercisable in five equal annual installments beginning on January 10, 2009.
(10)	The option became exercisable in two equal annual installments beginning on January 19, 2008.
(11)	The option is exercisable in five equal annual installments and expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2003 and would have expired on December 31, 2013.
(12)	The option is exercisable in five equal annual installments and expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2004 and would have expired on December 31, 2014.
(13)	The option is exercisable in five equal annual installments and expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2005 and would have expired on December 31, 2015.

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