SEC Form 4

FORM 4 [ ] Check this box if no longersubject to Section 16. Form 4 or Form5 obligations may continue.See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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(f) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005Estimated average burdenhours per response. . . . . 0.5

1. Name and Address of Reporting Person* Banc of America E-Commerce Holdings, Inc.

2. Issuer Name and Ticker or Trading Symbol CheckFree Corporation (CKFR)

6. Relationship of Reporting Person(s) to Issuer (check all applicable) ___Director __X_10% Owner ___Officer (give title below) _____Other (specify below)

(Last) (First) (Middle) 101 South Tryon Street, Bank of America Plaza

3. IRS Identification Number of Reporting Person, if an entity (voluntary) 94-3234951

4. Statement for Month/Day/Year 01/22/2003

Individual or Joint/Group Filing (Check Applicable Line) ______ Form filed by One Reporting Person X Form filed by More than One Reporting Person SEE ATTACHMENT

(Street) Charlotte, N.C. 28255-0001

5. If Amendment, Date of Original (Month/Day/Year)

(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)

2.a 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)

Ownership Form: Direct (D) or Indirect (I) (Instr. 4)

7. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

Amount

(A) or (D)

Price

Common Stock $.01 per s

01/22/03

250,000

$19.361

8,700,000

1. Name and Address of Reporting Person^*

O'Hanlon, Terrie R.

(Last) (First) (Middle)

4411 East Jones Bridge Rd.

(Street)

Norcross, GA 30092

(City) (State) (Zip)

2. Issuer Name and Ticker
or Trading Symbol

CheckFree Corporation CKFR

3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)

4. Statement for
(Month/Year)

January 27, 2003

5. If Amendment,
Date of Original
(Month/Year)

6. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

Director 10% Owner

X Officer Other

Officer/Other

Description Executive Vice President

7. Individual or Joint/Group
Filing (Check Applicable Line)

X Individual Filing

Joint/Group Filing

~~FORM~~Table 4I ~~(continued) TABLE II~~ - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	3. Transaction Code and Voluntary Code (Instr. 8) Code \| V	4. Securities Acquired (A) or Disposed (D) Of (Instr. 3, 4, and 5) Amount \| A/D \| Price	5. Amount of Securities Beneficially Owned at End ofMonth (Instr. 3 and 4)	6. Owner- ship Form: Direct(D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock - $.01 par value	01/27/2003	M \|	4,000 \| A \| $13.9375		D
Common Stock - $.01 par value	01/27/2003	M \|	8,000 \| A \| $11.3130		D
Common Stock - $.01 par value	01/27/2003	M \|	5,000 \| A \| $16.0400		D
Common Stock - $.01 par value	01/27/2003	S \|	17,000 \| D \| $19.2900	1,743	D

Title of Derivative Security (Instr. 3)

Conversion or Exercise Price of Derivative Security

3. Trans-action Date (Month/Day/Year)

3 A. Deemed Execution Date, if any (Month/Day/Year)

4. Trans-action Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

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)

Nature of Indirect Beneficial Ownership (Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

(over)
SEC 1474 (3-99)

~~Explanation~~O'Hanlon, ofTerrie ~~Responses:~~R. - January 27, 2003

~~Reminder: Report~~Form on4 ~~a separate line for each class of securities beneficially owned directly or indirectly.~~ (continued)

* IfTable ~~the~~II ~~form~~- isDerivative ~~filed~~Securities byAcquired, ~~more~~Disposed ~~than~~of, ~~one~~or ~~reporting~~Beneficially ~~person~~Owned (e.g., ~~see~~puts, ~~Instruction~~calls, ~~4(b~~warrants, options, convertible securities)~~(v).~~

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Elliott M. Abrams 01/23/03

1. Title of Derivative Security (Instr. 3)	2. Conver- sion or Exercise Price of Deri- vative Security	3. Transaction Date (Month/ Day/ Year)	4. Transaction Code and Voluntary (V) Code (Instr.8) Code \| V	5. Number of Derivative Securities Acquired (A) or Disposed (D) Of (Instr. 3,4 and 5)	6. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year) (DE) \| (ED)	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 at End of Month (Instr.4)	10. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I)	11. Nature of Indirect Beneficial Ownership (Instr.4)
Stock Option (Right to Buy)	$16.0400	01/27/2003	M \|	(D) 5,000	(1) \| 12/04/2011	Common Stock - $.01 par value - 5,000		10,000	D
Stock Option (Right to Buy)	$13.9375	01/27/2003	M \|	(D) 4,000	(2) \| 08/13/2008	Common Stock - $.01 par value - 4,000		1,000	D
Stock Option (Right to Buy)	$11.3130	01/27/2003	M \|	(D) 8,000	(2) \| 09/16/2008	Common Stock - $.01 par value - 8,000		2,000	D

Explanation of Responses :

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. /s/ Robert J. Tannous 1/27/03________________________________ __________________** Signature of Reporting Person DateBy: Robert J. Tannous, Attorney-in-Fact for Terrie R. O'Hanlon Page 2SEC 1474 (3-99)

~~Elliott~~O'Hanlon, MTerrie R. ~~Abrams,~~- ~~Senior~~January ~~Vice~~27, ~~President~~2003

~~Note: File three copies of this~~ Form, ~~one~~4 ~~of which must be manually signed.~~(continued)

IfFOOTNOTE ~~space~~Descriptions isfor ~~insufficient~~CheckFree Corporation CKFR Form 4 - January 27, ~~see~~2003 ~~Instruction 6~~Terrie ~~for~~R. ~~procedure~~O'Hanlon4411 East Jones Bridge Rd.Norcross, GA 30092 Explanation of responses: (1) One-third of option vests each year beginning on the first anniversary of the date of grant. (2) Option vests 20% per year beginning on the first anniversary of the date of grant.

Page 23

Information Regarding Joint Filers and Other Entities

Designated Filer of Form 4: Banc of America E-Commerce Holdings, Inc.

Item 2: Issuer Name and Ticker Trading Symbol: CheckFree Corporation (CKFR)

Item 4: Statement for Month/Day/Year: 01/22/03

Information Regarding Joint Filers and Other Entities:

Bank of America Corporation (IRS Number 56-0906609)

100 North Tryon Street, Charlotte, NC 28255

Relationship of Reporting Person to Issuer: 10% Owner

Ownership Form: Indirect (I)

Nature of Indirect Beneficial Ownership: Indirect 100% Owner of Designated Filer

NB Holdings Corporation (IRS Number 56-1857749)

100 North Tryon Street, 56th floor, Charlotte, NC 28255

Relationship of Reporting Person to Issuer: 10% Owner

Ownership Form: Indirect (I)

Nature of Indirect Beneficial Ownership: Indirect 100% Owner of Designated Filer

Bank of America, N.A. (IRS Number 94-1687665)

101 South Tryon Street, Charlotte, NC 28255

Relationship of Reporting Person to Issuer: 10% Owner

Ownership Form: Indirect (I)

Nature of Indirect Beneficial Ownership: 100% Owner of Designated Filer

SIGNATURES

BANK OF AMERICA CORPORATION

By: /s/ Pamela P. Reed 01/23/03

Pamela P. Reed

Title: Assistant Vice President Date

NB HOLDINGS CORPORATION

By: /s/ Charles F. Bowman 01/23/03

Charles F. Bowman

Title: Senior Vice President Date

BANK OF AMERICA, N.A.

By: /s/ Pamela P. Reed 01/23/03

Pamela P. Reed

Title: Assistant Vice President Date

Filing Compare · CHECKFREE CORP \GA\