Paul M. Shoukry - 12 Dec 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
12 Dec 2022
Net transactions value
-$162,835
Form type
4
Filing time
14 Dec 2022, 10:18:11 UTC
Previous filing
01 Dec 2022
Next filing
15 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 Gift $0 -880 -5.7% $0.000000 14,493 09 Dec 2022 Direct
transaction RJF Common Stock Options Exercise $0 +2,700 +19% $0.000000 17,193 12 Dec 2022 Direct F1
transaction RJF Common Stock Tax liability $121,684 -1,062 -6.2% $114.58 16,131 12 Dec 2022 Direct
transaction RJF Common Stock Options Exercise $0 +938 +5.8% $0.000000 17,069 13 Dec 2022 Direct F1
transaction RJF Common Stock Tax liability $41,151 -369 -2.2% $111.52 16,700 13 Dec 2022 Direct
holding RJF Common Stock 1,180 12 Dec 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 -2,700 -60% $0.000000 1,800 12 Dec 2022 Common Stock 2,700 Direct F1, F3, F4
transaction RJF Restricted Stock Units Options Exercise $0 -938 -100% $0.000000* 0 13 Dec 2022 Common Stock 938 Direct F1, F5
* 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 December 9, 2022.
F3 RSUs vested 60% on 12/12/2022 and will vest 20% on 12/12/2023 and 20% on 12/12/2024.
F4 The RSU grant was previously reported as covering 3,000 shares awarded on December 12, 2019, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F5 The RSU grant was previously reported as covering 625 shares awarded on December 13, 2019, 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 gift of shares by the reporting person, (ii) the vesting of RSUs awarded to the reporting person on December 12, 2019, (iii) the vesting of RSUs awarded to the reporting person on December 13, 2019, and (iv) dispositions by the reporting person to the issuer to cover tax liability in connection with such vestings.