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

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.

1. Name and Address of Reporting Person(s)
   Williams, Paul M.
   1 Information Way
   Little Rock, AR  72202

2. Issuer Name and Ticker or Trading Symbol
   Acxiom Corporation (ACXM)

3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Year
   01/03

5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   Company Sales Leader

7. 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 Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)   5)Amount of    6)  7)Nature of
                                              action      action   or Disposed of (D)         Securities         Indirect
                                              Date        Code                   A            Beneficially   D   Beneficial
                                              (Month/                            or           Owned at       or  Ownership
                                              Day/Year)   Code V   Amount        D  Price     End of Month   I
- ------------------------------------------------------------------------------------------------------------------------------------

Common Stock, $.10 Par Value                                                                  29,510.6075    D  Direct
Common Stock, $.10 Par Value                                                                  2,197.8560     I  by Managed Account 1
Common Stock, $.10 Par Value                  01/07/03    J        53.0262 (1)   A  $14.4800  874.3552       I  by Managed Account 2
Common Stock, $.10 Par Value                                                                  5,729.0000     I  by Trust


Table II (PART 1)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date
                               Price of        Date           Code      or Disposed of (D)
                               Derivative
                               Security                       Code  V   A                D                Exercisable  Expiration
- ------------------------------------------------------------------------------------------------------------------------------------


Table II (PART 2)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of
Security                       action    of Underlying                                of Deri-    Derivative        Indirect
                               Date      Securities                                   vative      Securities    D   Beneficial
                                                                        Amount or     Security    Beneficially  or  Ownership
                                                                        Number of                 Owned at      I
                  -                      Title                          Shares                    End of Month
- ------------------------------------------------------------------------------------------------------------------------------------


Explanation of Responses:

(1)
On January 7, 2003, the issuer was notified by the administrator of the Acxiom Corporation Non-Qualified Deferred Compensation Plan
(the "Plan") (a non-tax-conditioned supplemental retirement plan) that these shares of the issuer's common stock had been
contributed to the account of the reporting person for the period of October 1, 2002 through December 31, 2002 as the issuer's
matching contribution made in accordance with the terms of the Plan.   $14.48 was the average share price for this period.



SIGNATURE OF REPORTING PERSON

By: /s/ Catherine L. Hughes, Attorney-in-Fact
   --------------------------------------------
    For: Paul M. Williams

DATE: January 8, 2003