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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. 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) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) (4) | $ 3.04 | 05/12/2008 | M | 73,936 | 08/01/2004 | 08/01/2008 | Common Stock | 73,936 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HERINGTON HARRY 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE, KS 66061 |
X | Chairman of the Board & CEO |
Stephen M. Kovzan, Attorney in Fact for Harry Herington | 05/13/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 2,534 shares held for the benefit of the Reporting Person's two minor children. |
(2) | The Reporting Person may be deemed the beneficial owner of 770,003 shares of NIC Inc. common stock, which are held directly by the National Information Consortium Voting Trust ("Voting Trust"), for which Messrs. Jeffery S. Fraser and Ross C. Hartley act as trustees. The Reporting Person has a pecuniary interest in these shares. The Reporting Person does not have investment control over such shares, but has the power to dispose of the voting trust certificates held by the Reporting Person, subject to the terms of the Voting Trust. The trustees have the power to dispose of such shares held by the Voting Trust, and the Reporting Person disclaims beneficial ownership of such shares to the extent such shares are disposed of by the trustees. |
(3) | The Reporting Person may be deemed the beneficial owner of 25,224 shares of NIC Inc. common stock, which are held directly by the Voting Trust for the benefit of the Reporting Person's two minor children. See footnote (2). |
(4) | The Reporting Person exercised this stock option during this last trading period before the option expires on August 1, 2008. |