Current Report




UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


Form 8-K

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): May 4, 2015

NIC Inc.
(Exact name of registrant as specified in its charter)

Delaware

000-26621

52-2077581

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

25501 West Valley Parkway, Suite 300

Olathe, Kansas 66061

(Address of principal executive office)(Zip Code)

(877) 234-3468
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)       On May 4, 2015, William F. Bradley, Jr., the Executive Vice President, Chief Administrative Officer, General Counsel, and Secretary of NIC Inc. (the “Company”), gave notice of his retirement from the Company, effective December 31, 2015.  Mr. Bradley’s retirement is not the result of any disagreement with the Company on any matter regarding the Company’s operations, policies or practices.  Mr. Bradley will continue to serve as the Company’s Executive Vice President, Chief Administrative Officer, General Counsel, and Secretary until the end of 2015.

The Company deeply appreciates Mr. Bradley’s significant contributions during his over 20 years of service to the Company and wishes him well in the future.

A copy of the press release announcing Mr. Bradley’s retirement is furnished with this report on Form 8-K as Exhibit 99, and is incorporated by reference herein.


Item 9.01

Financial Statements and Exhibits.

(d)        Exhibits .

99 - Press release issued by NIC Inc. dated May 5, 2015 is being furnished as part of this report.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

NIC INC.

 
 

 

By:

/s/ Stephen M. Kovzan

 

Stephen M. Kovzan

Chief Financial Officer

 
 

Date:

May 5, 2015

Exhibit 99

NIC Executive Announces Retirement

William F. Bradley, Jr. to retire on December 31, 2015

OLATHE, Kan.--(BUSINESS WIRE)--May 5, 2015--NIC Inc. (NASDAQ: EGOV), the dominant provider of eGovernment services, announces the retirement of William F. “Brad” Bradley, Jr., age 60, effective December 31, 2015. Mr. Bradley currently serves as Executive Vice President, Chief Administrative Officer, General Counsel, and Corporate Secretary for the Company.

“After nearly 30 years of involvement with eGovernment in one form or another, including more than 20 years at NIC Inc., it is my intention to retire on December 31, 2015,” said Mr. Bradley. “I have complete confidence that the other members of our executive team, our senior management, and the young leaders who support them, as well as our succession and transition plans developed and implemented over many years, will permit NIC to continue its success without interruption in my areas of responsibility once I retire. I take great pride in the company our employees have built, and the services they have provided and continue to provide to our government partners.”

Mr. Bradley is the principal originator of the eGovernment model, and commenced work in June 1987 as a volunteer on what later became NIC’s self-funded model, authoring the “Information Network of Kansas Act,” enacted in 1990. The Act created the Information Network of Kansas, which he chaired for three years. In January 1995, Mr. Bradley joined a forerunner of NIC Inc., and assumed several responsibilities within the start-up Company, including co-founder and Vice President of Nebraska Interactive, Inc. for one year, founder and President of Indiana Interactive, Inc. for six years, as well as serving as an officer and director of every NIC subsidiary.

Mr. Bradley became an executive officer of NIC Inc. when it was formed in 1998 and has served in nearly every executive capacity within the Company. He also was briefly a member of the board of directors. Mr. Bradley was an integral part of the management team responsible for the Company’s initial public offering in July 1999.

“For nearly 30 years, “eGovernment” and “NIC” in one form or another have been the organizing principles of my professional life,” said Mr. Bradley. “I will miss greatly participating directly in our Company’s management and working with my friends and colleagues, but my decision is the right one for me and my family, and I look forward to retirement with great anticipation. NIC will always be in my heart.”

The Company has not announced Mr. Bradley’s successor. NIC will be focused on a smooth transition within Mr. Bradley’s areas of responsibility over the next six months, and further announcements will be made as appropriate.

“Brad Bradley is not only considered one of the founders of our Company, but he created the vision of eGovernment in 1987,” said Harry Herington, NIC Chief Executive Officer and Chairman of the Board. “For nearly 30 years he has followed his passion of making government information and interactions more convenient by taking them online. NIC would not be what it is today without the tremendous contributions of Brad Bradley. I am proud to call him a colleague and a close friend, and his passion and contributions will be missed.”

About NIC

Founded in 1992, NIC (NASDAQ: EGOV) is the nation's leading provider of official government websites, online services, and secure payment processing solutions. The company's innovative eGovernment services help make government more accessible to everyone through technology. The family of NIC companies provides eGovernment solutions for more than 3,500 federal, state, and local agencies in the United States. Forbes has named NIC as one of the “100 Best Small Companies in America” six times, most recently ranked at No.36 (2014), and the company has been included five times on the Barron’s 400 Index. Additional information is available at http://www.egov.com .

CONTACT:
NIC
Angela Davied, 913-754-7054
Director of Corporate Communications
adavied@egov.com