UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 7)*
JACK HENRY & ASSOCIATES, INC.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of Class of Securities)
426281-10-1
(CUSIP Number)
Jerry D. Hall, 663 Highway 60, Monett, Missouri 65708 (417) 235-6652
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 7, 1997
(Date of Event which requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement [ ]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 426281-10-1
Jerry D. Hall
(1) Names of Reporting Persons . . .
S.S. or I.R.S. Identification Nos. of
###-##-####
above persons . . . . . . . . . . . .
(2) Check the appropriate box if a (a)
member of a group
(b)
(see instructions)
(3) SEC use only . . . . . . . . . .
00
(4) Source of funds (see instructions)
(5) Check if disclosure of legal
proceedings is required pursuant to
Items 2(d) or 2(e).
(6) Citizenship or place of United States
organization . . . . . . . . . . . .
Number of shares beneficially owned by
each reporting person with:
1,719,464 which includes 47,083 held
(7) Sole voting power . . . . . .
in his account under the Company s
ESOP.
-0-
(8) Shared voting power . . . . .
1,719,464 which includes 47,083 held
(9) Sole dispositive power . . . .
in his account under the Company s
ESOP.
-0-
(10) Shared dispositive power . .
(11) Aggregate amount beneficially
owned by each reporting person. 1,719,464
(12) Check if the aggregate amount
in Row (11) excludes certain shares
(see instructions).
(13) Percent of class represented
9.44%
by amount in Row (11) . . . . . . . .
(14) Type of reporting person
IN
(see instructions). . . . . . . . . .
This statement constitutes Amendment No. 7 to the Schedule 13D, dated June
7, 1991 (the "Schedule 13D"), as amended August 19, 1991, October 22, 1991,
March 3, 1992, August 5, 1992, December 2, 1992, and December 15, 1993,
previously filed by Jerry D. Hall with respect to the Common Stock of the
Company (as hereinafter defined). All Items of the Schedule 13D are amended in
their entirety as follows:.
ITEM 1. SECURITY AND ISSUER.
This Statement pertains to the Common Stock, par value $.01 per share (the
"Common Stock"), of Jack Henry & Associates, Inc. (the "Company") which
maintains its principal executive offices at 663 Highway 60, P.O. Box 807,
Monett, Missouri 65708.
ITEM 2. IDENTITY AND BACKGROUND.
(a) Jerry D. Hall
(b) 663 Highway 60, Monett, Missouri 65708.
(c) Executive Vice President and Director of the Company.
(d) During the last five years, Mr. Hall has not been convicted in any
criminal proceeding.
(e) During the last five years, Mr. Hall has not been a party to a civil
proceeding of a judicial or administrative body, the result of which he was or
is subject to a judgment, decree or final order enjoining future violations of,
or prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Mr. Hall is a United States citizen.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The exercise price of the shares of Common Stock acquired by Mr. Hall by
exercise of stock options as detailed below was paid by exchange of shares of
Common Stock previously owned by Mr. Hall pursuant to the terms of the Company s
1987 Stock Option Plan.
ITEM 4. PURPOSE OF TRANSACTION.
Mr. Hall may acquire or may sell shares of Common Stock from time to time
as circumstances dictate. Mr. Hall currently serves as an executive officer and
director of the Company and, in such positions, he has the power to influence
the policies of the Company. He intends to vote his Company stock in favor of
plans, transactions and matters which he supports. Through his positions and
Company stock holdings, Mr. Hall may be deemed to exert a controlling influence
over the Company. However, other than as described herein, at the present time
Mr. Hall has not formulated any plans or proposals which relate to or would
result in any matter required to be disclosed in response to paragraphs (a)
through (j) of Item 4 of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
ITEM 5 OF THE SCHEDULE 13D IS AMENDED IN ITS ENTIRETY TO READ AS FOLLOWS:
(a) Mr. Hall beneficially owns a total of 1,719,464 shares of Common
Stock, representing 9.44% of the outstanding common stock of the Company.
(b) Mr. Hall owns a total of 1,719,464 shares of Common Stock, over
which he has sole voting and dispositive power. Included in this amount are
47,083 shares of Common Stock allocated to Mr. Hall's account under the
Company's ESOP. Mr. Hall has the power to direct the manner in which the
trustee of the ESOP is to vote such shares of Common Stock and, under certain
circumstances, to direct the trustee of the ESOP as to the disposition of such
shares of Common Stock.
(c) Mr. Hall has continued to sell shares of Common Stock in occasional
open market transactions, none of which occurred during the last sixty (60)
days. On April 7, 1997, Jerry D. Hall exercised certain compensatory stock
options and acquired 270,000 additional shares of Common Stock. The exercise
price was $3.85 per share. The exercise price and certain withholding taxes
were paid to the Company by the exchange of 134,448 shares of Common Stock
previously owned by Mr. Hall, valued at $19.00 per share.
(d) Not Applicable.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and
correct.
Date: May 8, 1997
Jerry D. Hall
