CURRY CRAIG R 4

4 · HENRY JACK & ASSOCIATES INC · Filed Nov 19, 2008

Form 4

Period: 2008-11-18

Director

Transactions

Award
Non-Qualified Stock Option (right to buy)
2008-11-18+10,000→ 10,000 total
Exercise: $17.45Exp: 2018-11-18→ Common Stock (10,000 underlying)

Holdings

Non-Qualified Stock Option (right to buy)
Exercise: $18.47Exp: 2015-11-04→ Common Stock (10,000 underlying)
10,000
Common Stock
(indirect: By Trust)
19,996
Common Stock
(indirect: By Trust)
52,794
Non-Qualified Stock Option (right to buy)
Exercise: $18.56Exp: 2014-03-08→ Common Stock (6,667 underlying)
6,667

Footnotes (6)

[F1]Shares held in trust for a family member for which Mr. Curry serves as trustee.
[F2]The options become exercisable as follow: 100% on 5/18/2009.
[F3]The options became exercisable as follow: 50% on 5/4/2006, 75% on 3/1/2007 and 100% on 3/1/2008.
[F4]No option granted is exercisable until six months after the date of grant. All options granted under the 1995 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 Mr. Curry is 3-8-04). For Directors who have served less than four continuous years, options shall vest and become exercisable as follows: with respect to 25% of the shares, after one year from ISD; 50% of the shares, after 2 years from ISD; 75% of the shares, after 3 years from ISD.
[F5]The options became exercisable as follow: 75% on 5/3/2007 & 100% on 3/1/2008
[F6]The options became exercisable 5/2/2008.

Documents

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