SEC Form 4 · accession 0001225208-16-028251
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Saltzman
Director
Period of report
Feb 24, 2016
Accepted (ET)
Feb 25, 2016 · 3:22 pm EST
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 StockF1 | Feb 24, 2016 | M | 400 | $0.00 | A | 15,108 | D | |
| Common StockF1 | Feb 25, 2016 | M | 400 | $0.00 | A | 15,508 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 24, 2016 | M | 400 | D | — | Feb 24, 2017 | Common Stock | 400 | 400 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 25, 2016 | M | 400 | D | — | Feb 25, 2016 | Common Stock | 400 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of common stock, and (ii) accrued cash in lieu of dividends.
- F2Of the 2,000 RSUs granted on 2/24/2012, 60% vested on 2/24/2015, 20% on 2/24/2016 and 20% will vest on 2/24/2017.
- F3Of the 2,000 RSUs granted on 2/25/2011, 60% vested on 2/25/2014, 20% on 2/25/2015 and 20% on 2/25/2016.
Remarks
This Form 4 reports (i) the vesting of a portion of RSUs awarded to the reporting person on 2/24/2012 and (ii) the vesting of the balance of RSUs awarded to the reporting person on 2/25/2011.