SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

YABUKI JEFFERY W

(Last)

(First)

(Middle)

4400 MAIN STREET

(Street)

KANSAS CITY

64111

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
H&R BLOCK INC [ HRB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive VP and COO

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2005

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

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. 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)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, without par value	11/18/2005		M		134,128	A	$11.5938	275,043.5356	D
Common Stock, without par value	11/18/2005		M		127,648	A	$8.0938	402,691.5356	D
Common Stock, without par value	11/18/2005		M		120,000	A	$16.1375	522,691.5356	D
Common Stock, without par value	11/18/2005		M		115,674	A	$23.075	638,365.5356	D
Common Stock, without par value	11/18/2005		M		120,000	A	$21.625	758,365.5356	D
Common Stock, without par value	11/18/2005		M		56,668	A	$23.84	815,033.5356	D
Common Stock, without par value	11/18/2005		S		674,118	D	$24.3257	140,915.5356	D
Common Stock, without par value								2,734.8⁽¹⁾	I	By 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Call Option to Purchase	$11.5938	11/18/2005		M			134,128	09/07/2002	09/07/2009	Common Stock, without par value	134,128	$0	25,872	D
Call Option to Purchase	$8.0938	11/18/2005		M			127,648	06/30/2003	06/30/2010	Common Stock, without par value	127,648	$0	12,352	D
Call Option to Purchase	$16.1375	11/18/2005		M			120,000	06/30/2004	06/30/2011	Common Stock, without par value	120,000	$0	60,000	D
Call Option to Purchase	$23.075	11/18/2005		M			115,674	06/30/2004	06/30/2012	Common Stock, without par value	115,674	$0	64,326	D
Call Option to Purchase	$21.625	11/18/2005		M			120,000	06/30/2004	06/30/2013	Common Stock, without par value	120,000	$0	60,000	D
Call Option to Purchase	$23.84	11/18/2005		M			56,668	06/30/2005	06/30/2014	Common Stock, without par value	56,668	$0	113,332	D
Call Option to Purchase	$29.175							06/30/2006	06/30/2015	Common Stock, without par value	160,000		160,000	D

Explanation of Responses:

1. Units held under the H&R Block Retirement Savings Plan.

Remarks:

	By: Bret G. Wilson per Power of Attorney	11/21/2005
	** Signature of Reporting Person	Date
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).
** 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.
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 Number.