SEC Form 4 · accession 0001225208-17-017832
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tashtego S Elwyn
Officer — President - RJA
Period of report
Nov 28, 2017
Accepted (ET)
Nov 30, 2017 · 6:38 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 | Nov 28, 2017 | M | 7,500 | $55.49 | A | 22,178 | D | |
| Common Stock | Nov 28, 2017 | M | 1,497 | $48.20 | A | 23,675 | D | |
| Common StockF2 | Nov 28, 2017 | S | 8,997 | $85.1736 | D | 14,678 | D | |
| Common Stock | Nov 28, 2017 | G | 175 | $0.00 | D | 14,503 | D | |
| Common Stock | Nov 29, 2017 | G | 250 | $0.00 | D | 14,253 | D | |
| Common Stock | Nov 30, 2017 | G | 300 | $0.00 | D | 13,953 | D | |
| Common StockF3 | holding | — | — | — | 4,095 | I | ESOP | |
| Common Stock | holding | — | — | — | 50 | I | UTMA Custodian for Daughter | |
| Common Stock | holding | — | — | — | 50 | I | UTMA Custodian for Son |
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)F4 | $55.49 | Nov 28, 2017 | M | 7,500 | D | — | Nov 20, 2021 | Common Stock | 7,500 | 5,000 | D |
| Employee Stock Option (right to buy)F5 | $48.20 | Nov 28, 2017 | M | 1,497 | D | — | Nov 21, 2020 | Common Stock | 1,497 | 2,503 | D |
Explanation of responses
- F1The 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.
- F2Reflects the weighted average sale price. The range of prices for such transaction was $85.17 to $85.21.
- F3Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 27, 2017.
- F4Stock options vested 60% on 11/20/2017, and will vest 20% on 11/20/2018, and 20% on 11/20/2019.
- F5The stock option vested 60% on 11/21/2016, 20% on 11/21/2017, and will vest 20% on 11/21/2018.
Remarks
This Form 4 reports (1) partial exercises of employee stock options by the reporting person, (2) the open market sale by the reporting person of shares of common stock, and (3) gifts of shares by the reporting person.