UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 9, 2005
JACK HENRY & ASSOCIATES, INC.
------------------------------------------------------
(Exact name of Registrant as specified in its Charter)
Delaware 0-14112 43-1128385
---------------------------- ------------------------ -------------------
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
663 Highway 60, P.O. Box 807, Monett, MO 65708
---------------------------------------------------
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (417) 235-6652
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a.-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under
the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
Chairman of the Board, Michael E. Henry, has advised us that JKHY Partners
has terminated its Prearranged Trading Plan as of May 9, 2005. JKHY Partners
is a family partnership owned by Mr. Henry and his sister Vicki Jo Henry.
Mr. Henry manages the partnership. The plan was entered into in August
of 2004 in accordance with SEC Rule 10b5-1 for the original purpose of
liquidating up to 1,000,000 shares and was intended to run for a period
of twelve months. Prior to its termination, a total of 750,000 shares
had been liquidated under the plan.
The JKHY Partners plan was terminated to allow Mr. Henry personally to
adopt a Rule 10b5-1 Trading Plan with respect to 600,000 options held by
him which expire in September of 2005. The new plan, adopted May 9, 2005,
calls for exercise of such options and sales of up to 600,000 resulting
shares. The timing of such exercises and sales will depend on market
conditions and price. This amount represents less than 1% of the total
Company stock outstanding, and represents 60% of the total options by
Mr. Henry. The trading plan may be terminated at any time.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: May 10, 2005
JACK HENRY & ASSOCIATES, INC.
(Registrant)
By: /s/ Kevin D. Williams
-------------------------
Kevin D. Williams
Chief Financial Officer