SEC Form 4 · accession 0001225208-17-018006
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer C Ackart
Officer — SVP, Controller
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 5:58 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 StockF2 | Nov 30, 2017 | S | 3,000 | $89.2277 | D | 12,409 | D | |
| Common StockF3 | holding | — | — | — | 4,086 | 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 UnitsF4,F5 | — | Nov 30, 2017 | A | 3,000 | A | — | Nov 30, 2022 | Common Stock | 3,000 | 3,000 | 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 $89.21 to $89.27.
- F3Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2017.
- F4Each 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.
- F5RSUs vest 60% on 11/30/2020, 20% on 11/30/2021, and 20% on 11/30/2022.
Remarks
This Form 4 reports (1) a grant of Restricted Stock Units (RSUs) to the reporting person and (2) the open market sale by the reporting person of shares of common stock.