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): November 18, 2010

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 7.01     Regulation FD Disclosure

On November 18, 2010, NIC Inc. (the “Company”) issued a press release announcing that a Wyoming limited liability company, Ross C. Hartley Family Investments, LLC, which is partly owned by Ross C. Hartley, 62, co-founder of the Company and a director, has adopted a new stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended ("Exchange Act").

Under the plan, the limited liability company will be able to sell up to 1,426,090 shares of common stock beginning November 29, 2010 and ending no later than November 29, 2011. The plan includes various minimum prices relating to sales of various numbers of shares. In addition to the 1,426,090 shares subject to the plan, Mr. Hartley directly and indirectly beneficially owns an additional 3,107,251 shares of Company common stock which are not subject to the plan. The new plan will replace Mr. Hartley’s 10b5-1 trading plan established in December 2009, which terminated November 15, 2010.  The sales under the plan are intended to diversify the holdings of the limited liability company in furtherance of the family’s estate planning goals for Mr. and Mrs. Hartley.

The information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth in such filing.

Item 9.01     Financial Statements and Exhibits.

(d)        Exhibits .

Exhibit No.

Description

 
99.1 Press release dated November 18, 2010

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:

November 18, 2010

3

INDEX TO EXHIBITS

Exhibit Number

Description

 
99.1

Press release dated November 18, 2010

4

Exhibit 99.1

NIC Co-Founder’s Family Investment Company Establishes New 10b5-1 Trading Plan

OLATHE, Kan.--(BUSINESS WIRE)--November 18, 2010--NIC Inc. (NASDAQ:EGOV) today announces that Ross C. Hartley Family Investments, LLC, a Wyoming limited liability company partly owned by Ross C. Hartley, 62, co-founder and a director of NIC, has adopted a new stock trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The sales under the plan are intended to diversify the holdings of the limited liability company in furtherance of the family’s estate planning goals for Mr. and Mrs. Hartley. The new plan will replace Hartley’s 10b5-1 trading plan established in December 2009, which terminated November 15, 2010.

Ross C. Hartley Family Investments, LLC will be able to sell up to 1,426,090 shares of common stock under the plan beginning November 29, 2010 and ending no later than November 29, 2011. The plan includes various minimum prices relating to sales of various numbers of shares. In addition to the 1,426,090 shares subject to the plan, Mr. Hartley directly and indirectly beneficially owns an additional 3,107,251 shares of NIC Inc. common stock which are not subject to the plan. Transactions under the plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission as required by applicable securities laws.

Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for buying and selling specified amounts of stock if the plan is adopted at a time when they are not aware of any material non-public information. Using these plans, insiders may diversify their investment portfolios and spread stock trades over a period of time regardless of any material, non-public information they may receive after adopting their plans. Neither the limited liability company nor Mr. Hartley will have any discretion over sales under the plan.

About NIC

NIC is the leading provider of enterprise-wide, official state eGovernment services and secure government payment-processing solutions. The company’s innovative eGovernment services help reduce costs and increase efficiencies for government agencies, citizens, and businesses across the country. The NIC family of companies provides eGovernment solutions for more than 3,000 federal, state, and local agencies that serve 98 million people in the United States. Additional information is available at http://www.nicusa.com .

CONTACT:
NIC
Angela Skinner, 913-754-7054
Director, Corporate Communications
askinner@nicusa.com