SEC Form 4 · accession 0001225208-18-016787
RAYMOND JAMES FINANCIAL INC · RJF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tashtego S Elwyn
Officer — President - RJA
Period of report
Dec 14, 2018
Accepted (ET)
Dec 18, 2018 · 3:09 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 14, 2018 | M | 2,000 | $48.20 | A | 21,143 | D | |
| Common Stock | Dec 14, 2018 | M | 64 | $55.49 | A | 21,207 | D | |
| Common StockF1 | Dec 15, 2018 | M | 1,723 | $0.00 | A | 22,930 | D | |
| Common Stock | Dec 15, 2018 | F | 678 | $74.34 | D | 22,252 | D | |
| Common StockF2 | holding | — | — | — | 4,204 | I | ESOP | |
| Common Stock | holding | — | — | — | 50 | I | UTMA Custodian for Daughter | |
| Common Stock | holding | — | — | — | 50 | I | UTMA Custodian for Son |
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 | $55.49 | Dec 14, 2018 | M | 64 | D | — | Nov 20, 2021 | Common Stock | 64 | 4,936 | D |
| Employee Stock Option (right to buy)F4 | $48.20 | Dec 14, 2018 | M | 2,000 | D | — | Nov 21, 2020 | Common Stock | 2,000 | 0 | D |
| Restricted Stock UnitsF5,F1 | — | Dec 14, 2018 | A | 2,315 | A | Dec 14, 2021 | Dec 14, 2021 | Common Stock | 2,315 | 2,315 | D |
| Restricted Stock UnitsF1 | — | Dec 15, 2018 | M | 1,723 | D | Dec 15, 2018 | Dec 15, 2018 | Common Stock | 1,723 | 0 | 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 shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 14, 2018.
- F3The stock option vested 60% on 11/20/2017, 20% on 11/20/2018, and will vest 20% on 11/20/2019.
- F4The stock option vested 60% on 11/21/2016, 20% on 11/21/2017, and 20% on 11/21/2018.
- F5Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.
Remarks
This Form 4 reports (i) the exercise of employee stock options by the reporting person, (ii) the vesting of RSUs awarded to the reporting person on 12/15/2015, (iii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, and (iv) a 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.