HENRY JACK & ASSOCIATES INC 4
4 · HENRY JACK & ASSOCIATES INC · Filed Nov 5, 2007
Insider Transaction Report
Form 4
Shepard Marla Kay
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2007-11-02+10,000→ 10,000 totalExercise: $28.52Exp: 2017-11-02→ Common Stock (10,000 underlying)
Holdings
- 300
Common Stock
- 900(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]No option granted is exercisable until six months after the date of grant. All options granted under the 2005 Non-Qualified Stock Option Plan shall be fully vested and exercisable after the fourth anniversary of the director's first election or appointment to the Board of the Company (the Initial Service Date "ISD", which for Ms. Shepard is 1-01-07). Ms. Shepard's options shall vest and become exercisable as follows: with respect to 25% of the shares, on 5/2/08, 50 % of the shares after two year from ISD; 75% of the shares, after three years from ISD; 100% after four years from ISD.