SEC Form 4 · accession 0001225208-16-042192
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Curtis
Officer — President - RJFS
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 3:30 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 | 47,977 | D | |
| Common Stock | Nov 21, 2016 | F | 1,641 | $72.32 | D | 46,336 | D | |
| Common StockF2 | holding | — | — | — | 2,048 | 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 |
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.
Remarks
This Form 4 reports (1) the vesting of RSUs awarded to the reporting person on 11/21/2013, and (2) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting of RSUs.