Jeffrey A. Dowdle - Nov 29, 2021 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
COO & Head of Asset Mgmt.
Signature
/s/ Jeffrey A. Dowdle by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Nov 29, 2021
Transactions value $
-$187,184
Form type
4
Date filed
12/1/2021, 03:44 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 +4.5K +8.9% $0.00 55.1K Nov 29, 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$110K -1.1K -1.99% $100.57 54K Nov 29, 2021 Direct F2
transaction RJF Common Stock Options Exercise $0 +1.5K +2.78% $0.00 55.5K Nov 30, 2021 Direct F1, F2
transaction RJF Common Stock Options Exercise $0 +1.5K +2.7% $0.00 57K Nov 30, 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$38.5K -392 -0.69% $98.29 56.6K Nov 30, 2021 Direct F2
transaction RJF Common Stock Tax liability -$38.5K -392 -0.69% $98.29 56.2K Nov 30, 2021 Direct F2
holding RJF Common Stock 12.9K Nov 29, 2021 ESOP F3
holding RJF Common Stock 1.13K Nov 29, 2021 UTMA Custodian for Daughter EC F4
holding RJF Common Stock 1.13K Nov 29, 2021 UTMA Custodian for Son GT F4

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 -4.5K -60% $0.00 3K Nov 29, 2021 Common Stock 4.5K Direct F1, F5, F6
transaction RJF Restricted Stock Units Options Exercise $0 -1.5K -100% $0.00* 0 Nov 30, 2021 Common Stock 1.5K Direct F1, F7, F8
transaction RJF Restricted Stock Units Options Exercise $0 -1.5K -50% $0.00 1.5K Nov 30, 2021 Common Stock 1.5K Direct F1, F9, F10
* 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. Includes 179 shares of common stock acquired on September 2, 2021 pursuant to the registrant's Employee Stock Purchase Plan but was adjusted to reflect the stock split that occurred on September 21, 2021.
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 On September 21, 2021, the common stock of RJF split 3-for-2, resulting in the reporting person's indirect ownership of additional shares of common stock. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5 RSUs vested 60% on 11/29/2021, will vest 20% on 11/29/2022, and 20% on 11/29/2023.
F6 The RSU grant was previously reported as covering 5,000 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.
F7 RSUs vested 60% on 11/30/2019, 20% on 11/30/2020, and 20% on 11/30/2021.
F8 The RSU grant was previously reported as covering 5,000 shares awarded on November 30, 2016, of which 1,000 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.
F9 RSUs vested 60% on 11/30/2020, 20% on 11/30/2021, and will vest 20% on 11/30/2022.
F10 The RSU grant was previously reported as covering 5,000 shares awarded on November 30, 2017, of which 2,000 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.