SEC Form 4 · accession 0001225208-16-042198
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul C Reilly
Officer — Chief Executive Officer · Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 4:01 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 | A | 13,175 | $0.00 | A | 172,142 | D | |
| Common StockF2 | Nov 21, 2016 | M | 6,000 | $0.00 | A | 178,142 | D | |
| Common Stock | Nov 21, 2016 | F | 1,840 | $72.32 | D | 176,302 | D | |
| Common Stock | Nov 22, 2016 | G | 1,250 | $0.00 | D | 175,052 | D | |
| Common StockF3 | holding | — | — | — | 763 | 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 UnitsF2,F4 | — | Nov 21, 2016 | M | 6,000 | D | — | Nov 21, 2018 | Common Stock | 6,000 | 4,000 | D |
Explanation of responses
- F1Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/13/2013.
- F2Each 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.
- F3Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 21, 2016.
- F4The 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, (2) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting of RSUs, (3) the acquisition by the reporting person of common stock resulting from the vesting of RSUs granted on 12/13/2013 based on the company's attaining certain levels of average after-tax return-on-equity over a three-year measurement period, and (4) a gift of shares by the reporting person.