SEC Form 4 · accession 0001225208-18-015714
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M Raney
Officer — President & CEO RJBank
Period of report
Nov 18, 2018
Accepted (ET)
Nov 20, 2018 · 3:19 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,F2 | Nov 18, 2018 | M | 3,000 | $0.00 | A | 31,457 | D | |
| Common StockF2 | Nov 18, 2018 | F | 730 | $78.74 | D | 30,727 | D | |
| Common StockF3 | holding | — | — | — | 1,601 | 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,F4 | — | Nov 18, 2018 | M | 3,000 | D | — | Nov 18, 2020 | Common Stock | 3,000 | 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 common stock, and (ii) accrued cash in lieu of dividends.
- F2Includes 67 shares of common stock acquired on March 2, 2018, 63 shares of common stock acquired on June 4, 2018, and 67 shares of common stock acquired on September 5, 2018, pursuant to the registrant's Employee Stock Purchase Plan.
- F3Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 18, 2018.
- F4RSUs vested 60% on 11/18/2018, and will vest 20% on 11/18/2019, and 20% on 11/18/2020.
Remarks
This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person on November 18, 2015 and (ii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting.