SEC Form 4 · accession 0001225208-15-007210
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Raney
Officer — President & CEO RJBank
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 12:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000720005
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 5, 2015 | S | 16,627 | $58.0108 | D | 4,277 | D | |
| Common Stock | Mar 6, 2015 | M | 15,000 | $27.10 | A | 19,277 | D | |
| Common Stock | Mar 6, 2015 | M | 1,627 | $25.28 | A | 20,904 | D | |
| Common Stock | holding | — | — | — | 1,227 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $27.10 | Mar 6, 2015 | M | 15,000 | D | — | Jan 22, 2017 | Common Stock | 15,000 | 10,000 | D |
| Employee Stock Option (right to buy)F5 | $25.28 | Mar 6, 2015 | M | 1,627 | D | — | Jan 24, 2016 | Common Stock | 1,627 | 0 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 4, 2015.
- F2The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. Price reflects the weighted average sale price. The range of prices for such transaction was $58.00 to $58.06.
- F3The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 4, 2015.
- F4The stock option vests 60% on 11/22/2014, 20% on 11/22/2015 and 20% on 11/22/2016.
- F5Of the 25,000 employee stock options granted on 11/24/2009, 15,000 vested and became exercisable on 11/24/2012, 2,090 on 11/24/2013, 3,955 on 11/24/2014 and 3,955 on 01/24/2015.
Remarks
This Form 4 reports (i) the open market sale of 16,627 shares of common stock, (ii) a stock option exercise with respect to 1,627 shares of common stock, and (iii) a stock option exercise with respect to 15,000 shares of common stock, all effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 4, 2015.