SEC Form 4 · accession 0001225208-18-015995
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Dowdle
Officer — CAO & President, Asset Mgmt.
Period of report
Nov 28, 2018
Accepted (ET)
Nov 30, 2018 · 1:48 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 28, 2018 | A | 2,822 | $0.00 | A | 40,185 | D | |
| Common StockF2 | holding | — | — | — | 8,053 | I | ESOP | |
| Common StockF3 | holding | — | — | — | 1,500 | I | UTMA Custodian for Daughter EC | |
| Common StockF3 | holding | — | — | — | 1,500 | I | UTMA Custodian for Son GT |
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 29, 2018 | A | 5,000 | A | — | Nov 29, 2023 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/15/2015.
- F2Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2018.
- F3The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- 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 11/29/2021, 20% on 11/29/2022, and 20% on 11/29/2023.
Remarks
This Form 4 reports (1) the acquisition by the reporting person of common stock resulting from the vesting of Restricted Stock Units (RSUs) granted on 12/15/2015 based on the company's attaining certain levels of average after-tax return-on-equity over a three-year measurement period and (2) a grant of RSUs to the reporting person.