SEC Form 4 · accession 0001225208-17-017644
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Catanese
Officer — SVP, Chief Risk Officer
Period of report
Nov 21, 2017
Accepted (ET)
Nov 22, 2017 · 5:13 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, 2017 | M | 2,000 | $0.00 | A | 6,678 | D | |
| Common StockF3 | Nov 21, 2017 | S | 2,000 | $85.632 | D | 4,678 | D | |
| Common StockF4 | holding | — | — | — | 1,096 | 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,F5 | — | Nov 21, 2017 | M | 2,000 | D | — | Nov 21, 2018 | Common Stock | 2,000 | 2,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of RJF common stock, and (ii) accrued cash in lieu of dividends.
- 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 $85.62 to $85.67.
- F4Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 20, 2017.
- F5The restricted stock units vested 60% on 11/21/2016 and 20% on 11/21/2017, and will vest 20% on 11/21/2018.
Remarks
This Form 4 reports (1) the vesting of RSUs awarded to the reporting person and (2) the open market sale by the reporting person of shares of common stock.