SEC Form 4 · accession 0001225208-17-018826
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
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 6:39 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 | Dec 12, 2017 | G | 12,000 | $0.00 | D | 106,682 | D | |
| Common StockF2 | Dec 14, 2017 | S | 12,681 | $87.7741 | D | 94,001 | D | |
| Common StockF3 | Dec 15, 2017 | M | 14,142 | $0.00 | A | 108,143 | D | |
| Common Stock | Dec 15, 2017 | F | 5,600 | $88.24 | D | 102,543 | D | |
| Common StockF4 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Dec 15, 2017 | M | 14,142 | D | Dec 15, 2017 | Dec 15, 2017 | Common Stock | 14,142 | 0 | D |
| Restricted Stock UnitsF5,F3 | — | Dec 15, 2017 | A | 21,930 | A | Dec 15, 2020 | Dec 15, 2020 | Common Stock | 21,930 | 21,930 | 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 $87.50 to $88.03.
- F3Each 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.
- F4Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2017.
- F5Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.
Remarks
This Form 4 reports (1) the grant of RSUs under the issuer's Amended and Restated 2012 Stock Incentive Plan as a portion of the annual bonus to the reporting person, (2) the vesting of RSUs awarded to the reporting person on 12/15/2014, (3) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, (4) the open market sale by the reporting person of shares of common stock, and (5) the gift of shares by the reporting person.