Paul M. Shoukry - 29 Nov 2022 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
CFO and Treasurer
Signature
/s/ Paul M. Shoukry by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
29 Nov 2022
Net transactions value
-$25,266
Form type
4
Filing time
01 Dec 2022, 11:25:05 UTC
Previous filing
25 Nov 2022
Next filing
14 Dec 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 +900 +6.1% $0.000000 15,592 29 Nov 2022 Direct F1
transaction RJF Common Stock Tax liability $25,266 -219 -1.4% $115.37 15,373 29 Nov 2022 Direct
holding RJF Common Stock 1,180 29 Nov 2022 ESOP F2

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 -900 -50% $0.000000 900 29 Nov 2022 Common Stock 900 Direct F1, F3
* 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 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 18, 2022.
F3 RSUs vested 60% on 11/29/2021, 20% on 11/29/2022, and will vest 20% on 11/29/2023.

Remarks:

This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person and (ii) a disposition by the reporting person to the issuer to cover the tax liability in connection with such vesting.