Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Donovan Shawn M
2. Date of Event Requiring Statement (Month/Day/Year)
05/27/2009
3. Issuer Name and Ticker or Trading Symbol
ACXIOM CORP [ACXM]
(Last)
(First)
(Middle)
ACXIOM CORPORATION, 601 E. THIRD STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LITTLE ROCK, AR 72201
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 42,000 (1)
D
 
Common Stock, $.10 Par Value 358.2426 (2)
I
by Managed Account 1
Common Stock, $.10 Par Value 93.9323 (3)
I
by Managed Account 2

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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 of Derivative Security: 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)   (4) 05/22/2018 Common Stock, $.10 Par Value 75,000 $ 13.7 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Donovan Shawn M
ACXIOM CORPORATION
601 E. THIRD STREET
LITTLE ROCK, AR 72201
      Sr. Vice President  

Signatures

By: Catherine L. Hughes, Attorney-in-Fact For: Shawn M. Donovan 05/29/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Contains 14,000 restricted stock units that represent a contingent right to receive one share of the registrant's common stock per unit. The units vest incrementally over four years, with 25% of the total becoming vested on each of the first through the fourth anniversaries of the date of grant (May 22, 2008), contingent upon the reporting person's continued employment with the registrant. This total also contains 28,000 performance units granted on May 22, 2008 that represent a contingent right to receive one share of registrant's common stock per unit. Vesting will occur on May 22, 2011, contingent upon the reporting person's having satisfied certain performance criteria approved by the Compensation Committee of the registrant's Board of Directors, and contingent upon the reporting person's continued employment with the registrant.
(2) These shares are held under the Company's 401(k) Retirement Savings Plan.
(3) These shares are held under the Company's Supplemental Executive Retirement Plan.
(4) This option vests incrementally over four years, with 25% of the total becoming vested on the first anniversary date of the date of grant (May 22, 2008), and 25% each twelve months thereafter until 100% vested.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.