RAYMOND JAMES FINANCIAL INC 4
4 · RAYMOND JAMES FINANCIAL INC · Filed Nov 26, 2013
Insider Transaction Report
Form 4
HELCK CHESTER B
DirectorChief Operating Officer
Transactions
- Sale
Common Stock
2013-11-25$48.30/sh−25,000$1,207,600→ 102,574 total
Holdings
- 9,278(indirect: ESOP)
Common Stock
- 25,000
Employee Stock Option (right to buy)
Exercise: $25.28Exp: 2016-01-24→ Common Stock (25,000 underlying) - 40,791(indirect: By Spouse)
Common Stock
- 4,838
Performance Restricted Stock Units
From: 2015-09-30Exp: 2016-03-15→ Common Stock (4,838 underlying) - 9,401
Restricted Stock Units
From: 2013-12-15Exp: 2013-12-15→ Common Stock (9,401 underlying) - 13,750
Restricted Stock Units
From: 2014-12-15Exp: 2014-12-15→ Common Stock (13,750 underlying) - 42,415
Employee Stock Option (right to buy)
Exercise: $35.38Exp: 2017-01-22→ Common Stock (42,415 underlying) - 12,500
Employee Stock Option (right to buy)
Exercise: $37.87Exp: 2019-11-29→ Common Stock (12,500 underlying) - 4,838
Restricted Stock Units
From: 2015-12-14Exp: 2015-12-14→ Common Stock (4,838 underlying)
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.2600 to $48.4200, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]Includes number of shares acquired under ESOP through November 21, 2013.
- [F3]Options becoming exercisable - 25,449 on 11/22/2014, 8,483 on 11/22/2015 and 8,483 on 11/22/2016
- [F4]Options currently exercisable - 17,090; options becoming exercisable - 3,955 on 11/24/2014, 3,955 on 01/24/2015.
- [F5]The stock option vests 60% on 11/29/2015, 20% on 11/29/2016, and 20% on 11/29/2017.
- [F6]Each restricted stock unit represents a contingent right to receive one share of RJF common stock upon vesting and dividend equivalents.
- [F7]The vesting of these performance-vesting RSUs will be determined no later than March 15, 2016 based on the issuer's three-year average after-tax return on equity, on a GAAP basis, for the fiscal years 2013, 2014 and 2015 (the "ROE"), with vesting percentages ranging from zero to 150% of face number of RSUs based on the ROE ranging from less than 6% to equal to or greater than 18%.