SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
ZAFFARONI KEVIN R

(Last) (First) (Middle)

(Street)

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/13/2003
3. Issuer Name and Ticker or Trading Symbol
ACXIOM CORP [ ACXM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Organization Leader
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $.10 Par Value 75.2002 D
Common Stock, $.10 Par Value 10.529 I by Managed Account 1(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)(2) 04/01/2001 03/31/2016 Common Stock, $.10 Par Value 1,054 11.08 D
Non-Qualified Stock Option (right to buy)(2) (3) 08/07/2016 Common Stock, $.10 Par Value 15,594 11.14 D
Non-Qualified Stock Option (right to buy)(2) (4) 10/01/2016 Common Stock, $.10 Par Value 10,351 11.14 D
Non-Qualified Stock Option (right to buy)(2) 04/01/2001 03/31/2016 Common Stock, $.10 Par Value 1,048 11.5 D
Non-Qualified Stock Option (right to buy)(2) 04/01/2001 03/31/2016 Common Stock, $.10 Par Value 1,804 13.325 D
Non-Qualified Stock Option (right to buy)(2) (3) 08/07/2016 Common Stock, $.10 Par Value 8,070 13.925 D
Non-Qualified Stock Option (right to buy)(2) (5) 08/05/2018 Common Stock, $.10 Par Value 14,763 15.1 D
Non-Qualified Stock Option (right to buy)(2) 05/28/1997 05/27/2012 Common Stock, $.10 Par Value 7,000 15.7 D
Non-Qualified Stock Option (right to buy)(2) (6) 08/06/2017 Common Stock, $.10 Par Value 5,729 16.35 D
Non-Qualified Stock Option (right to buy)(2) (3) 08/07/2016 Common Stock, $.10 Par Value 8,325 16.71 D
Non-Qualified Stock Option (right to buy)(2) (7) 10/12/2014 Common Stock, $.10 Par Value 13,875 17.93 D
Non-Qualified Stock Option (right to buy)(2) (6) 08/06/2017 Common Stock, $.10 Par Value 2,990 20.438 D
Non-Qualified Stock Option (right to buy)(2) (8) 08/08/2015 Common Stock, $.10 Par Value 10,970 23.4375 D
Non-Qualified Stock Option (right to buy)(2) (9) 05/19/2013 Common Stock, $.10 Par Value 2,164 24.24 D
Non-Qualified Stock Option (right to buy)(2) (6) 08/06/2017 Common Stock, $.10 Par Value 3,108 24.525 D
Non-Qualified Stock Option (right to buy)(2) 05/26/1999(10) 05/25/2014 Common Stock, $.10 Par Value 10,341 26.08 D
Non-Qualified Stock Option (right to buy)(2) 05/24/2000 05/23/2015 Common Stock, $.10 Par Value 3,319 27.75 D
Non-Qualified Stock Option (right to buy)(2) (10) 05/25/2014 Common Stock, $.10 Par Value 2,741 32.6 D
Non-Qualified Stock Option (right to buy)(2) (9) 05/19/2013 Common Stock, $.10 Par Value 1,249 36.36 D
Non-Qualified Stock Option (right to buy)(2) (10) 05/25/2014 Common Stock, $.10 Par Value 2,986 39.12 D
Non-Qualified Stock Option (right to buy)(2) (9) 05/19/2013 Common Stock, $.10 Par Value 1,412 48.48 D
Explanation of Responses:
1. These shares are held under the Company's 401(k) Retirement Savings Plan.
2. This option has a tandem tax withholding right.
3. This option vests incrementally over a 6-year period. Date of grant is 8/8/01.
4. 50% of this option is fully vested. The remaining 50% vests incrementally over a 6-year period. Date of grant is 10/2/01.
5. This option vests incrementally over a 6-year period. Date of grant is 8/6/03.
6. This option vests incrementally over a 6-year period. Date of grant is 8/7/02.
7. This option vests incrementally over a 6-year period. Date of grant is 10/13/99.
8. This option vests incrementally over a 6-year period. Date of grant is 8/9/00.
9. This option vests incrementally over a 9-year period. Date of grant is 5/20/98.
10. This option vests incrementally over a 6-year period. Date of grant is 5/26/99.
By: Catherine L. Hughes, Attorney-in-Fact For: Kevin R. Zaffaroni 11/24/2003
** Signature of Reporting Person Date
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 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 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, see Instruction 6 for procedure.
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Kevin Zaffaroni : Power of Attorney
                                                           POWER OF ATTORNEY


The undersigned hereby constitutes and appoints Catherine L. Hughes and Jerry C. Jones, or either of them, signing singly, as his
true and lawful attorneys-in-fact, for such period of time that the undersigned is required to file reports pursuant to Section
16(a) of the Securities Act of 1934 ("Exchange Act") due to his affiliation with Acxiom Corporation, to:

     (1)      execute for and on behalf of the  undersigned  Forms 3, 4 and 5 in  accordance  with Section  16(a) of the Exchange
              Act and the rules thereunder;

     (2)      do and  perform  any and all acts for and on behalf of the  undersigned  which may be  necessary  to  complete  the
              execution  of any such Form 3, 4 or 5 and the timely  filing of such form with the  United  States  Securities  and
              Exchange Commission and any other authority as required by law; and

     (3)      take any other  action of any type  whatsoever  in  connection  with the  foregoing  which,  in the opinion of such
              attorneys-in-fact,  may be of benefit to, in the best interest of or legally required by the undersigned,  it being
              understood that the documents  executed by such  attorneys-in-fact  on behalf of the  undersigned  pursuant to this
              Power of Attorney shall be in such form and shall contain such terms and conditions as such  attorneys-in-fact  may
              approve in their discretion.

The undersigned hereby grants to such attorneys-in-fact full power and authority to do every act requisite, necessary and proper to
be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned
could do if personally present, with full power of substitution, hereby ratifying and confirming all that such attorneys-in-fact
shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The  ndersigned
acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the  undersigned,  are not assuming
any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 14th day of November, 2003.



                                                                       /s/ Kevin Zaffaroni
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                                                              Signature


                                                                       Kevin Zaffaroni
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