SEC Form 4 · accession 0001225208-16-042189
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Catanese
Officer — Senior Vice President
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 2:52 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 | Nov 21, 2016 | M | 6,000 | $0.00 | A | 10,743 | D | |
| Common Stock | Nov 21, 2016 | F | 1,640 | $72.32 | D | 9,103 | D | |
| Common Stock | Nov 22, 2016 | M | 7,500 | $27.10 | A | 16,603 | D | |
| Common Stock | Nov 22, 2016 | F | 2,092 | $73.33 | D | 14,511 | D | |
| Common StockF2 | holding | — | — | — | 1,019 | I | ESOP |
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,F3 | — | Nov 21, 2016 | M | 6,000 | D | — | Nov 21, 2018 | Common Stock | 6,000 | 4,000 | D |
| Employee Stock Option (right to buy)F4 | $27.10 | Nov 22, 2016 | M | 7,500 | D | — | Jan 22, 2017 | Common Stock | 7,500 | 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.
- F2Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 21, 2016.
- F3The restricted stock units vest 60% on 11/21/2016, 20% on 11/21/2017, and 20% on 11/21/2018.
- F4The stock options vested 60% on 11/22/2014, 20% on 11/22/2015 and 20% on 11/22/2016.
Remarks
This Form 4 reports (1) the vesting of RSUs awarded to the reporting person on 11/21/2013, (2) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting of RSUs, (3) the exercise of employee stock options by the reporting person, and (4) the related disposition by the reporting person to the issuer of shares to cover the exercise price and taxes related to such exercise of employee stock options.