Scott A. Curtis - 13 Dec 2022 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
President, PCG
Signature
/s/ Scott A. Curtis by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
13 Dec 2022
Net transactions value
-$148,768
Form type
4
Filing time
15 Dec 2022, 15:56:55 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 +3,606 +2.1% $0.000000 171,964 13 Dec 2022 Direct F1
transaction RJF Common Stock Tax liability $148,768 -1,334 -0.78% $111.52 170,630 13 Dec 2022 Direct
holding RJF Common Stock 3,871 13 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 -3,606 -100% $0.000000* 0 13 Dec 2022 Common Stock 3,606 Direct F1, F3
transaction RJF Restricted Stock Units Award $0 +45,339 $0.000000 45,339 15 Dec 2022 Common Stock 45,339 Direct F1, F4
transaction RJF Restricted Stock Units Award $0 +5,440 +12% $0.000000 50,779 15 Dec 2022 Common Stock 5,440 Direct F1, F4
transaction RJF Restricted Stock Units Award $0 +4,761 $0.000000 4,761 15 Dec 2022 Common Stock 4,761 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 The RSU grant was previously reported as covering 2,404 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.
F4 RSUs vest 60% on 12/15/2025, 20% on 12/15/2026, and 20% on 12/15/2027.
F5 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) the vesting of RSUs awarded to the reporting person on December 13, 2019, (ii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, (iii) grants of retention RSUs to the reporting person, and (iv) a grant of RSUs as a portion of the annual bonus to the reporting person.