David B. Foss - Jan 1, 2023 Form 4 Insider Report for HENRY JACK & ASSOCIATES INC (JKHY)

Role
Board Chair & CEO, Director
Signature
Mary E. Stluka By Power of Attorney For David B. Foss
Stock symbol
JKHY
Transactions as of
Jan 1, 2023
Transactions value $
-$387,636
Form type
4
Date filed
1/4/2023, 03:40 PM
Previous filing
Nov 23, 2022
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JKHY Common Stock Options Exercise +5.49K +5.18% 112K Jan 1, 2023 Direct F1
transaction JKHY Common Stock Tax liability -$388K -2.21K -1.98% $175.56 109K Jan 1, 2023 Direct
holding JKHY Common Stock 4.77K Jan 1, 2023 By 401(k) F2

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 -5.49K -28.57% $0.00 13.7K Jan 1, 2023 Common Stock 5.49K Direct F1, F3
* 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 Shares held in the Jack Henry & Associates, Inc. 401(k) plan based on a plan statement dated as of December 31, 2022.
F3 On January 1, 2020, the reporting person was granted restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. Ten percent of the restricted stock units vest on the first anniversary date of the grant, twenty percent of the restricted stock units will vest on the second anniversary date of the grant, twenty percent of the restricted stock units will vest on the third anniversary date of the grant and fifty percent of the restricted stock units will vest on the fourth anniversary date of the grant. The restricted stock units will be settled in stock or cash at the issuer's election.