SEC Form 4 · accession 0001225208-17-004064
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
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 2:09 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 Stock | Feb 21, 2017 | M | 7,500 | $48.20 | A | 33,399 | D | |
| Common Stock | Feb 21, 2017 | F | 5,385 | $79.24 | D | 28,014 | D | |
| Common Stock | Feb 22, 2017 | S | 2,115 | $79.10 | D | 25,899 | D | |
| Common StockF1 | holding | — | — | — | 1,461 | 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)F2 | $48.20 | Feb 21, 2017 | M | 7,500 | D | — | Nov 21, 2020 | Common Stock | 7,500 | 5,000 | D |
Explanation of responses
- F1Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through February 21, 2017.
- F2Of the 12,500 employee stock options granted, 60% vested on 11/21/2016, 20% will vest on 11/21/2017, and 20% on 11/21/2018.
Remarks
This Form 4 reports (i) the partial exercise of stock options by the reporting person, (ii) the related disposition by the reporting person to the issuer to cover taxes and the exercise price, and (iii) the open market sale by the reporting person of shares of common stock.