SEC Form 4 · accession 0001225208-17-018003
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 29, 2017
Accepted (ET)
Dec 1, 2017 · 5:51 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 29, 2017 | A | 14,991 | $0.00 | A | 117,201 | D | |
| Common Stock | Nov 29, 2017 | M | 2,500 | $37.87 | A | 119,701 | D | |
| Common Stock | Nov 29, 2017 | M | 110 | $48.20 | A | 119,811 | D | |
| Common Stock | Nov 29, 2017 | F | 1,129 | $88.40 | D | 118,682 | D | |
| Common StockF2 | holding | — | — | — | 837 | 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)F3 | $48.20 | Nov 29, 2017 | M | 110 | D | — | Nov 21, 2020 | Common Stock | 110 | 12,390 | D |
| Employee Stock Option (right to buy)F4 | $37.87 | Nov 29, 2017 | M | 2,500 | D | — | Nov 29, 2019 | Common Stock | 2,500 | 2,500 | D |
| Restricted Stock UnitsF5,F6 | — | Nov 30, 2017 | A | 12,500 | A | — | Nov 30, 2022 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/15/2014.
- F2Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2017.
- F3The stock options vested 60% on 11/21/2016, 20% on 11/21/2017, and will vest 20% on 11/21/2018.
- F4The stock options vested 60% on 11/29/2015, 20% on 11/29/2016, and 20% on 11/29/2017.
- F5Each 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.
- F6RSUs vest 60% on 11/30/2020, 20% on 11/30/2021, and 20% on 11/30/2022.
Remarks
This Form 4 reports (1) the acquisition by the reporting person of common stock resulting from the vesting of RSUs granted on 12/15/2014 based on the company's attaining certain levels of average after-tax return-on-equity over a three-year measurement period, (2) a grant of Restricted Stock Units (RSUs) to the reporting person, and (3) exercise of stock options with respect to 2,610 shares of common stock and disposition of 1,129 shares of common stock to the issuer to cover the exercise price.