George Catanese - Nov 29, 2021 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
Chief Risk Officer
Signature
/s/ George Catanese by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Nov 29, 2021
Transactions value $
-$101,950
Form type
4
Date filed
12/1/2021, 02:45 PM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +2.7K +46.79% $0.00 8.47K Nov 29, 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$66.1K -657 -7.76% $100.57 7.81K Nov 29, 2021 Direct F2
transaction RJF Common Stock Options Exercise $0 +900 +11.52% $0.00 8.71K Nov 30, 2021 Direct F1, F2
transaction RJF Common Stock Options Exercise $0 +600 +6.89% $0.00 9.31K Nov 30, 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$14.4K -146 -1.57% $98.29 9.17K Nov 30, 2021 Direct F2
transaction RJF Common Stock Tax liability -$21.5K -219 -2.39% $98.29 8.95K Nov 30, 2021 Direct F2
holding RJF Common Stock 156 Nov 29, 2021 ESOP F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RJF Restricted Stock Units Options Exercise $0 -2.7K -60% $0.00 1.8K Nov 29, 2021 Common Stock 2.7K Direct F1, F4, F5
transaction RJF Restricted Stock Units Options Exercise $0 -600 -100% $0.00* 0 Nov 30, 2021 Common Stock 600 Direct F1, F6, F7
transaction RJF Restricted Stock Units Options Exercise $0 -900 -50% $0.00 900 Nov 30, 2021 Common Stock 900 Direct F1, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each 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.
F2 On September 21, 2021, the common stock of RJF split 3-for-2, resulting in the reporting person's ownership of additional shares of common stock.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 22, 2021, but was adjusted to reflect the stock split that occurred on September 21, 2021.
F4 RSUs vested 60% on 11/29/2021, will vest 20% on 11/29/2022, and 20% on 11/29/2023.
F5 The RSU grant was previously reported as covering 3,000 shares awarded on November 29, 2018, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F6 RSUs vested 60% on 11/30/2019, 20% on 11/30/2020, and 20% on 11/30/2021.
F7 The RSU grant was previously reported as covering 2,000 shares awarded on November 30, 2016, of which 400 shares remained outstanding, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F8 RSUs vested 60% on 11/30/2020, 20% on 11/30/2021, and will vest 20% on 11/30/2022.
F9 The RSU grant was previously reported as covering 3,000 shares awarded on November 30, 2017, of which 1,200 shares remained outstanding, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.

Remarks:

This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person, (ii) dispositions by the reporting person to the issuer to cover the tax liability in connection with such vesting, and (iii) revised balances in holdings of the registrant's common stock after giving effect to a 3-for-2 stock split by means of a stock dividend that was effected on September 21, 2021.