James E. Bunn - 14 Dec 2021 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
Pres-GlobEq&Inv Banking-RJA
Signature
/s/ James E. Bunn by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
14 Dec 2021
Net transactions value
-$967,990
Form type
4
Filing time
16 Dec 2021, 12:47:40 UTC
Previous filing
06 Dec 2021
Next filing
05 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +9,179 +26% $0.000000 44,354 14 Dec 2021 Direct F1
transaction RJF Common Stock Tax liability $348,100 -3,611 -8.1% $96.40 40,743 14 Dec 2021 Direct
transaction RJF Common Stock Sale $619,890 -6,447 -16% $96.15 34,296 14 Dec 2021 Direct F2, F3
holding RJF Common Stock 1,768 14 Dec 2021 ESOP 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 -9,179 -100% $0.000000* 0 14 Dec 2021 Common Stock 9,179 Direct F1, F5
transaction RJF Restricted Stock Units Award $0 +14,523 $0.000000 14,523 15 Dec 2021 Common Stock 14,523 Direct F1, F6
* 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 The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects the weighted average sale price. The range of prices for such transaction was $96.01 to $ 96.45.
F4 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 6, 2021.
F5 The RSU grant was previously reported as covering 6,119 shares awarded on December 14, 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 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) the open market sale by the reporting person of shares of common stock, (ii) a grant of RSUs under the issuer's Amended and Restated 2012 Stock Incentive Plan as a portion of the annual bonus to the reporting person, (iii) the vesting of RSUs awarded to the reporting person on December 14, 2018, and (iv) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting.