Shepard Marla Kay 4
4 · HENRY JACK & ASSOCIATES INC · Filed Nov 19, 2012
Insider Transaction Report
Form 4
Shepard Marla Kay
Director
Transactions
- Award
Common Stock
2012-11-19+4,200→ 12,600 total
Holdings
- 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $23.65Exp: 2019-11-13→ Common Stock (10,000 underlying) - 3,600(indirect: By Trust)
Common Stock
- 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $28.52Exp: 2017-11-02→ Common Stock (10,000 underlying) - 10,000
Non-Qualified Stock Option (right to buy)
Exercise: $17.45Exp: 2018-11-18→ Common Stock (10,000 underlying)
Footnotes (3)
- [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 50% of the shares, on 5/18/09, 75 % of the shares after three year from ISD; 100% of the shares, after four years from ISD.
- [F2]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 75% of the shares, on 5/13/10 and 100% of the shares after four years from ISD.
- [F3]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.