X0202 3 2002-07-11 0 0000857501 JACOBS FINANCIAL GROUP, INC. JFGI 0001363588 KENNEY ROBERT JOSEPH 300 SUMMERS STREET, STE. 970 CHARLESTON WV 25301 0 1 0 0 Vice President Common 845000 D Stock Option 0.07 2011-05-24 Common 5000000 D Includes 75,000 held solely by Mr. Kenney, 260,000 shares held in an individual retirement account for the benefit of Mr. Kenney, and 510,000 shares held in an individual retirement account for the benefit of Mr. Kenney's wife, Lee Anne Kenney. 2,000,000 are exercisable immediately and 1,000,000 become exercisable on each of the next 3 anniversaries of grant. /s/Robert J. Kenney 2006-05-26