4/A//SEC Filing
RAYMOND JAMES FINANCIAL INC 4/A
Accession 0001182751-03-000009
$RJFCIK 0000720005operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 9:18 AM ET
Size
13.1 KB
Accession
0001182751-03-000009
Insider Transaction Report
Form 4/AAmended
PUTNAM JOHN STEPHEN
Executive Vice President
Transactions
- Other
Variable Prepaid Forward Transaction
2003-08-28−1→ 1 total→ Common Stock (30,000 underlying)
Holdings
- 12,639(indirect: ESOP)
Common Stock
- 78,080
Common Stock
- 16,000
Employee Stock Option (right to buy)
Exercise: $32.00Exp: 2007-01-28→ Common Stock (5,964 underlying) - 6,000
Employee Stock Option (right to buy)
Exercise: $20.63Exp: 2005-01-18→ Common Stock (6,000 underlying) - 10,036
Employee Stock Option (right to buy)
Exercise: $32.00From: 2004-11-28Exp: 2007-01-28→ Common Stock (4,036 underlying)
Footnotes (5)
- [F1]This Form 4 is being filed in connection with the proposed sale by the Reporting Person of 30,000 shares of the common stock of Raymond James Financial, Inc. (the "Shares") to Commerzbank Capital Markets Corp. pursuant to a Variable Prepaid Forward ("VPF") transaction effected on August 28, 2003 and subject to the terms set forth in the VPF Agreement entered into on August 28, 2003.
- [F2]Pursuant to the VPF Agreement, the Reporting Person has agreed to sell the Shares for the notional amount of $35.2996 per share, subject to adjustment as set forth below. The Reporting Person has received aggregate proceeds of $942,606.
- [F3]THe VPF Agreement provides that on March 3, 2005 ("Settlement Date"), the Reporting Person shall be obligated to deliver that number of Shares (or at the Reporting Person's election, the cash equivalent of such Shares) to Commerzbank Capital Markets Corp., based on the closing price of the Shares on February 28, 2005 ("Maturity Date") as follows, (i) if the closing price on the Maturity Date (the "Settlement Price") is equal to or less than $35.2996 per share, a delivery of 30,000 shares; (ii) if on the Maturity Date the Settlement Price is greater than $35.2996 ("Downside Threshold") per share but less than $42.3595 ("Upside Threshold"), a delivery of Shares equal to the product of 30,000 and (the Downside Threshold/Settlement Price); and (iii) if on the Maturity Date the Settlement Price is greater than the Upside Threshold, a delivery of Shares equal to the product of 30,000 and (1-(42.3595 - 35.2996)/Settlement Price).
- [F4]Options Currently Exercisable - 1,800, Options Becoming Exercisable 2,400 on 11/18/2003 and 1,800 on 11/18/2004
- [F5]Options Becoming Exercisable - 1,964 on 11/28/2004, 2,000 on 11/28/2005 and 2,000 on 11/28/2006
Documents
Issuer
RAYMOND JAMES FINANCIAL INC
CIK 0000720005
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000720005
Filing Metadata
- Form type
- 4/A
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 9:18 AM ET
- Size
- 13.1 KB