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 * 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) 01/25/2016 (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 - Restricted 01/25/2016   A   70,000 (1) A $ 0 143,333 (2) (3) (4) (5) D   Common Stock 01/25/2016   A   5,000 A $ 0 3,746,012 (2) D   Common Stock 01/25/2016   M   88,957 A $ 5.54 3,834,969 D   Common Stock 01/25/2016   M   712 A $ 3.92 3,835,681 D   Common Stock 01/25/2016   M   712 A $ 4.21 3,836,393 D   Common Stock 01/25/2016   M   712 A $ 4.92 3,837,105 D   Common Stock 01/25/2016   M   712 A $ 5.33 3,837,817 D   Common Stock 01/25/2016   F   14,825 D $ 34.13 3,822,992 D   Common Stock               6,774.818 (6) I By 401(k) Common Stock               33,664 I By Capital Buyers Common Stock               8,136 I By IRA Common Stock               427,680 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
Performance Stock Option	$ 5.54	01/25/2016		M			88,957	01/01/2010	03/13/2016	Common Stock	88,957	$ 0	0	D
Stock Option	$ 3.92	01/25/2016		M			712	(7)	(7)	Common Stock	712	$ 0	0	D
Stock Option	$ 4.21	01/25/2016		M			712	(8)	(8)	Common Stock	712	$ 0	712	D
Stock Option	$ 4.92	01/25/2016		M			712	(9)	(9)	Common Stock	712	$ 0	1,425	D
Stock Option	$ 5.33	01/25/2016		M			712	(10)	(10)	Common Stock	712	$ 0	2,138	D
Stock Option	$ 8.54							(11)	01/17/2018	Common Stock	35,640		35,640	D
Stock Option	$ 8.6							(12)	01/09/2018	Common Stock	4,752		4,752	D
Stock Option	$ 10.16							(13)	01/18/2017	Common Stock	47,520		47,520	D
Stock Option	$ 17.25							01/18/2014	01/17/2023	Common Stock	50,000		50,000	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 Jennifer C. Floyd		01/27/2016
**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)	Restricted Stock granted on January 25, 2016 will "cliff" vest 100% three years from award date.
(2)	The reporting person had 13,999 shares vest since the last filing.
(3)	Restricted Stock granted on January 18, 2013 will vest in 33 1/3% installments over three years each January 18th.
(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 23.817 shares acquired through the Home BancShares, Inc. 401(k) Plan since the reporting person's last filing.
(7)	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, 2002 and would have expired on December 31, 2012.
(8)	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.
(9)	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.
(10)	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 expires on December 31, 2015.
(11)	The option became exercisable in five equal annual installments beginning on January 18, 2009.
(12)	The option became exercisable in five equal annual installments beginning on January 10, 2009.
(13)	The option became exercisable in two equal annual installments beginning on January 19, 2008.

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