SEC Form 4 · accession 0001214659-17-000002
Jefferies Financial Group Inc. · JEF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard B Handler
Officer — CEO · Director
Period of report
Jan 1, 2017
Accepted (ET)
Jan 3, 2017 · 6:00 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000096223
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 1, 2017 | A | 1,075,268 | $23.25 | A | 13,778,524 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Long-Term Performance-Linked Restricted Stock Units (RSUs) grant for 2017, 100% of which is subject to forfeiture based upon Leucadia's future performance as measured by compounded long-term Total Shareholder Return and long-term Return on Tangible Deployable Equity for fiscal years 2017, 2018 and 2019. No RSUs vest until after fiscal 2019 and, if RSUs vest, the Reporting Person remains subject to an additional three-year holding period lock up and cannot dispose of vested RSUs until after January 2023. The grant of RSUs is made under the Leucadia National Corporation 2003 Incentive Compensation Plan, as amended, which is exempt from Rule 16b-3(d) under the Securities Exchange Act of 1934.
- F2Includes 100,289 shares indirectly held by the Reporting Person by the Trustee under the Profit Sharing Plan for the benefit of the Reporting Person and includes 449,337 shares indirectly held through a family trust by the Reporting Person.