H&R BLOCK INC — Director's Dealing 2011

Jul 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: H&R BLOCK INC (HRB)
CIK: 0000012659
Period of Report: 2011-06-30

Reporting Person: Agar Richard K (SVP and CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-30	Common Stock	A	3740.0000	$0.0000	Acquired	48537.7100	Direct
2011-07-01	Common Stock	A	18.0000	$0.0000	Acquired	48555.7100	Direct
2011-07-01	Common Stock	F	7.0000	$17.2900	Disposed	48548.7100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-30	Call Option to Purchase	$16.0400	A	46295.0000	Acquired	2021-06-30	Common Stock (46295.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Call Option to Purchase	$23.1300	2017-07-02	Common Stock (80000.0000)	80000.0000	Direct
Call Option to Purchase	$16.8900	2019-07-02	Common Stock (70926.0000)	70926.0000	Direct
Call Option to Purchase	$21.8100	2018-07-03	Common Stock (63200.0000)	63200.0000	Direct
Call Option to Purchase	$12.5900	2020-10-01	Common Stock (66115.0000)	66115.0000	Direct

Footnotes

F1: Restricted Shares of Common Stock granted under the H&R Block, Inc. 2003 Long-Term Executive Compensation Plan. The restrictions lapse in three equal annual installments beginning on the first anniversary of the date of grant.

F2: Dividends earned upon settlement of previously awarded performance shares.

F3: The options vest in three equal annual installments beginning on the first anniversary of the date of grant.