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 *
FEHLMAN ROBERT A
   2. Issuer Name and Ticker or Trading Symbol
SIMMONS FIRST NATIONAL CORP [SFNC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & CFO
(Last)
(First)
(Middle)
SIMMONS FIRST NATIONAL CORP, 501 MAIN STREET		 3. Date of Earliest Transaction (Month/Day/Year)
02/19/2009
(Street)

PINE BLUFF, AR 71611		 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
SFNC 02/19/2009   S   1,547 D $ 25.05 5,020 D  
SFNC               4,486 D  
SFNC               147 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Incentive Stock Option $ 12.13 05/07/2001   X   0   05/07/2002 05/06/2011 Common 2,520 $ 12.13 2,520 D  
Incentive Stock Option $ 12.13 05/07/2001   X   0   05/07/2003 05/06/2011 Common 2,520 $ 12.13 2,520 D  
Incentive Stock Option $ 12.13 05/07/2001   X   0   05/07/2004 05/06/2011 Common 2,520 $ 12.13 2,520 D  
Incentive Stock Option $ 12.13 05/07/2001   X   0   05/07/2005 05/06/2011 Common 2,520 $ 12.13 2,520 D  
Incentive Stock Option $ 23.78 07/26/2004   X   0   07/26/2004 07/25/2014 Common 600 $ 23.78 600 D  
Incentive Stock Option $ 23.78 07/26/2004   X   0   07/26/2005 07/25/2014 Common 600 $ 23.78 600 D  
Incentive Stock Option $ 23.78 07/26/2004   X   0   07/26/2006 07/25/2014 Common 600 $ 23.78 600 D  
Incentive Stock Option $ 23.78 07/26/2004   X   0   07/26/2007 07/25/2014 Common 600 $ 23.78 600 D  
Incentive Stock Option $ 23.78 07/26/2004   X   0   07/26/2008 07/25/2014 Common 600 $ 23.78 600 D  
Incentive Stock Option $ 24.5 05/23/2005   X   0   05/23/2005 05/23/2015 Common 376 $ 24.5 376 D  
Incentive Stock Option $ 24.5 05/23/2005   X   0   05/23/2007 05/23/2015 Common 188 $ 24.5 188 D  
Incentive Stock Option $ 24.5 05/23/2005   X   0   05/23/2008 05/23/2015 Common 188 $ 24.5 188 D  
Incentive Stock Option $ 24.5 05/23/2005   X   0   05/23/2009 05/23/2015 Common 188 $ 24.5 188 D  
Incentive Stock Option $ 26.19 05/22/2006   X   0   05/22/2007 05/20/2016 Common 200 $ 26.19 200 D  
Incentive Stock Option $ 26.19 05/22/2006   X   0   05/22/2008 05/20/2016 Common 200 $ 26.19 200 D  
Incentive Stock Option $ 26.19 05/22/2006   X   0   05/22/2009 05/20/2016 Common 200 $ 26.19 200 D  
Incentive Stock Option $ 26.19 05/22/2006   X   0   05/22/2010 05/20/2016 Common 200 $ 26.19 200 D  
Incentive Stock Option $ 26.19 05/22/2006   X   0   05/22/2011 05/20/2016 Common 200 $ 26.19 200 D  
Incentive Stock Option $ 28.42 05/31/2007   X   0   05/31/2008 05/31/2017 Common 240 $ 28.42 240 D  
Incentive Stock Option $ 28.42 05/31/2007   X   0   05/31/2009 05/31/2017 Common 240 $ 28.42 240 D  
Incentive Stock Option $ 28.42 05/31/2007   X   0   05/31/2010 05/31/2017 Common 240 $ 28.42 240 D  
Incentive Stock Option $ 28.42 05/31/2007   X   0   05/31/2011 05/31/2017 Common 240 $ 28.42 240 D  
Incentive Stock Option $ 28.42 05/31/2007   X   0   05/31/2012 05/31/2017 Common 240 $ 28.42 240 D  
Non-Qualified Stock Option $ 30.31 05/29/2008   X   0   05/29/2009 05/28/2018 Common 876 $ 30.31 876 D  
Non-Qualified Stock Option $ 30.31 05/29/2008   X   0   05/29/2010 05/28/2018 Common 876 $ 30.31 876 D  
Non-Qualified Stock Option $ 30.31 05/29/2008   X   0   05/29/2011 05/28/2018 Common 876 $ 30.31 876 D  
Non-Qualified Stock Option $ 30.31 05/29/2008   X   0   05/29/2012 05/28/2018 Common 876 $ 30.31 876 D  
Non-Qualified Stock Option $ 30.31 05/29/2008   X   0   05/29/2013 05/28/2018 Common 876 $ 30.31 876 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FEHLMAN ROBERT A
SIMMONS FIRST NATIONAL CORP
501 MAIN STREET
PINE BLUFF, AR 71611		       EVP & CFO  

Signatures

 /s/ Robert A. Fehlman by Piper P. Erwin   02/23/2009
**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).

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