4 1 form4_hhh033103.htm FORM 4 FOR HARRY H. HERINGTON DATED MARCH 31, 2003 Form 4 for Harry H. Herington dated March 31, 2003

FORM 4

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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subject to Section 16. Form 4 or
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(Print or Type Responses)

1. Name and Address of Reporting Person*

Herington   Harry    H.      

2. Issuer Name and Tickler or Trading Symbol


NIC Inc. (EGOV) 

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

 

Director

 

10% Owner

 X

Officer (give
title below)

 

Other (specify
below)

 Chief Operating Officer

(Last)                    (First)                (Middle)

 c/o NIC Inc.
12 Corporate Woods
10975 Benson Street, Suite 390

3. I.R.S. Identification Number of
   Reporting Person, if an entity
   (voluntary)

 

4. Statement for
    Month/Day/Year

 3-31-03



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

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

 

Form filed by One Reporting Person

(Street)

 Overland Park,    KS           66210      

 

Form filed by More than One Reporting Person

(City)                      (State)                  (Zip)

Table I  ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
   (Instr. 3)

2. Trans-
    action
    Date

  (Month/
   Day/
   Year)

2A.
Deemed
Execution
Date, if
any
  (Month/
   Day/
   Year)

3. Trans-
    action
    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. Owner-
    ship
    Form:
    Direct
    (D) or
    Indirect
    (I)

 (Instr. 4)

7. Nature of
    Indirect
    Beneficial
    Owner-
    ship



   
(Instr. 4)

Code

V

Amount

(A)
or
(D)

Price

Common Stock

03-31-03

N/A 

J

 

3,550(6)

A

$1.4875

25,578

D

 

Common Stock

 

 

 

 

 

 

 

26,668

I

(1)

Common Stock

 

 

 

 

 

 

 

997,114

I

(2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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).

 


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(Over)
SEC 1474 (9-02)

FORM 4 (continued) (Harry H. Herington)

Table II  ¾ Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative
    Security
    (Instr. 3)

2. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
   Security

3. Trans-
    action
    Date

(Month/
Day/
Year)

3A.
Deemed
Execution
Date, if
any

  (Month/
   Day/
   Year)

4. Trans-
    action
    Code
    (Instr.8)

5. Number of Deriv-
    ative Securities Ac-
    quired (A) or Dis-
    posed of (D)
    (Instr. 3, 4 and 5)

6. Date Exer-
    cisable and
    Expiration
    Date
    (Month/Day/
    Year)

7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)

8. Price
    of
    Deriv-
    ative
    Secur-
    ity
    (Instr.
    5)

9. Number
   of deriv-
   ative
   Secur-
   ities
   Bene-
   ficially
   Owned
   Follow-
   ing
   Reported
   Trans-
   action(s)
   (Instr. 4)

10. Owner-
     ship
     Form of
     Deri-
     vative
     Security:
     Direct
     (D) or
     Indirect
     (I)
     (Instr. 4)

11. Nature
     of
     Indirect
     Benefi-
     cial
     Owner-
     ship
     (Instr.
4)

Code

V

(A)

(D)

Date
Exer-
cisable

Expira-
tion
Date

Title

Amount or
Number of
Shares

Employee Stock
Option (right to buy)

$4.063

 

 

 

 

 

 

(3)

02/06/06

common
stock

100,000

 

100,000

D

 

Employee Stock
Option (right to buy)

$2.10

 

 

 

 

 

 

(4)

06/24/06

common
stock

 10,000

 

 10,000

D

 

Employee Stock
Option (right to buy)

$1.67

 

 

 

 

 

 

(5)

07/23/05

common
stock

 50,000

 

 50,000

D

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Explanation of Responses:

(1)  These shares are held directly by the National Information Consortium Voting Trust, for which Messrs. Jeffery S. Fraser and Ross C. Hartley act as trustees,
for the benefit of Mr. Herington’s minor children as a direct beneficiaries of the trust.
(2)  These shares are held directly by the National Information Consortium Voting Trust, for which Messrs. Jeffery S. Fraser and Ross C. Hartley act as trustees,
for the benefit of Mr. Herington as a direct beneficiary of the trust.
(3)  The option vests in four equal annual installments beginning on February 6, 2002; however, the vesting date of the options exercisable in 2002 and 2003 may be accelerated in the event of the
Company’s satisfaction of certain performance criteria for 2001..
(4)  The option vests in four equal annual installments beginning on June 25, 2002.
(5)  The option vests in two equal annual installments, beginning on July 23, 2003.
(6)  Represents shares acquired under the issuer’s Employee Stock Purchase Plan

 

 

 /s/ Harry H. Herington

          

 04-02-03

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.

**Signature of Reporting Person

          

Date

See18 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,
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