SEC Form 4 · accession 0001225208-16-042869
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Raney
Officer — President & CEO RJBank
Period of report
Dec 6, 2016
Accepted (ET)
Dec 8, 2016 · 1:50 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 | Dec 6, 2016 | M | 3,690 | $27.10 | A | 26,750 | D | |
| Common Stock | Dec 6, 2016 | F | 1,363 | $73.36 | D | 25,387 | D | |
| Common Stock | Dec 7, 2016 | M | 10,000 | $37.87 | A | 35,387 | D | |
| Common Stock | Dec 7, 2016 | M | 1,310 | $27.10 | A | 36,697 | D | |
| Common StockF3 | Dec 7, 2016 | S | 11,310 | $73.1949 | D | 25,387 | D | |
| Common Stock | Dec 7, 2016 | G | 205 | $0.00 | D | 25,182 | D | |
| Common StockF4 | holding | — | — | — | 1,442 | 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)F5 | $27.10 | Dec 6, 2016 | M | 3,690 | D | — | Jan 22, 2017 | Common Stock | 3,690 | 1,310 | D |
| Employee Stock Option (right to buy)F5 | $27.10 | Dec 7, 2016 | M | 1,310 | D | — | Jan 22, 2017 | Common Stock | 1,310 | 0 | D |
| Employee Stock Option (right to buy)F6 | $37.87 | Dec 7, 2016 | M | 10,000 | D | — | Nov 29, 2019 | Common Stock | 10,000 | 2,500 | D |
Explanation of responses
- F1Includes 85 shares of common stock acquired on December 2, 2016, pursuant to the registrant's Employee Stock Purchase Plan.
- F2The 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.
- F3Reflects the weighted average sale price. The range of prices for such transaction was $73.07 to $73.39.
- F4Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 17, 2016
- F5Of the 25,000 employee stock options granted on 11/22/2011, 60% vested on 11/22/2014, 20% on 11/22/2015 and 20% on 11/22/2016.
- F6Of the 12,500 employee stock options granted on 11/29/ 2012, 60% vested on 11/29/2015, 20% on 11/29/2016, and 20% will vest on 11/29/2017.
Remarks
This Form 4 reports (i) the exercise of stock options granted to the reporting person on 11/22/2011,(ii) the related disposition by the reporting person to the issuer to cover taxes and the exercise prices, (iii) the partial exercise of stock options granted to the reporting person on 11/29/2012, (iv) the open market sale by the reporting person of shares of common stock, and (v) the gift of shares by the reporting person.