SEC Form 4 · accession 0001225208-16-038109
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tashtego S Elwyn
Officer — President - RJA
Period of report
Aug 17, 2016
Accepted (ET)
Aug 18, 2016 · 4:41 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 Stock | Aug 17, 2016 | M | 4,791 | $37.87 | A | 12,434 | D | |
| Common StockF2 | Aug 17, 2016 | S | 3,791 | $56.721 | D | 8,643 | D | |
| Common StockF3 | holding | — | — | — | 3,958 | 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 | $37.87 | Aug 17, 2016 | M | 4,791 | D | — | Nov 29, 2019 | Common Stock | 4,791 | 5,209 | D |
Explanation of responses
- F1The 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.
- F2Reflects the weighted average sale price. The range of prices for such transaction was $56.74 to $56.79.
- F3Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through August 17, 2016.
- F4Of the 10,000 employee stock options granted on 11/29/2012, 60% vested on 11/29/2015, 20% will vest on 11/29/2016, and 20% on 11/29/2017.
Remarks
This Form 4 reports the exercise of 4,791 employee stock options, and also reports the open market sale by the reporting person of shares of common stock.