Tashtego S. Elwyn - 13 Dec 2022 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
CEO & President - RJA
Signature
/s/ Tashtego S. Elwyn by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
13 Dec 2022
Net transactions value
-$135,497
Form type
4
Filing time
15 Dec 2022, 14:01:52 UTC
Previous filing
01 Dec 2022
Next filing
05 Jan 2023
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 +3,090 +5.2% $0.000000 62,732 13 Dec 2022 Direct F1
transaction RJF Common Stock Tax liability $135,497 -1,215 -1.9% $111.52 61,517 13 Dec 2022 Direct
transaction RJF Common Stock Gift $0 -700 -1.1% $0.000000 60,817 13 Dec 2022 Direct F2
holding RJF Common Stock 7,033 13 Dec 2022 ESOP F3
holding RJF Common Stock 75 13 Dec 2022 UTMA Custodian for Daughter F4
holding RJF Common Stock 75 13 Dec 2022 UTMA Custodian for Son 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 -3,090 -100% $0.000000* 0 13 Dec 2022 Common Stock 3,090 Direct F1, F5
transaction RJF Restricted Stock Units Award $0 +45,339 $0.000000 45,339 15 Dec 2022 Common Stock 45,339 Direct F1, F6
transaction RJF Restricted Stock Units Award $0 +5,440 +12% $0.000000 50,779 15 Dec 2022 Common Stock 5,440 Direct F1, F6
transaction RJF Restricted Stock Units Award $0 +4,194 $0.000000 4,194 15 Dec 2022 Common Stock 4,194 Direct F1, F7
* 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 gifts on the same day in different amounts.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 9, 2022.
F4 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 The RSU grant was previously reported as covering 2,060 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.
F6 RSUs vest 60% on 12/15/2025, 20% on 12/15/2026, and 20% on 12/15/2027.
F7 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

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 13, 2019, (iii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, (iv) grants of retention RSUs to the reporting person, and (v) a grant of RSUs as a portion of the annual bonus to the reporting person.