Gregory R. Adelson - 03 Aug 2021 Form 4 Insider Report for HENRY JACK & ASSOCIATES INC (JKHY)

Role: Chief Operating Officer
Signature: Mary E. Stluka By Power of Attorney For Gregory R. Adelson
Issuer symbol: JKHY
Transactions as of: 03 Aug 2021
Net transactions value: -$58,830
Form type: 4
Filing time: 04 Aug 2021, 09:35:26 UTC
Next filing: 06 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JKHY	Common Stock	Options Exercise	$0	+758	+7.8%	$0.000000	10,509	03 Aug 2021	Direct
transaction	JKHY	Common Stock	Tax liability	$58,830	-337	-3.2%	$174.57	10,172	03 Aug 2021	Direct

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JKHY	Restricted Stock Units	Options Exercise	$0	-758	-33%	$0.000000	1,516	03 Aug 2021	Common Stock	758		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit is the economic equivalent of one share of JKHY common stock and represents a contingent right to receive one share of JKHY common stock or, at the Issuer's option, the cash value thereof.
F2	On August 3, 2020 the reporting person was granted restricted stock units, vesting in three equal annual installments on August 3, 2021, 2022 and 2023.