Paul C. Reilly - Dec 13, 2022 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
Chair & CEO, Director
Signature
/s/ Paul C. Reilly by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Dec 13, 2022
Transactions value $
-$4,270,635
Form type
4
Date filed
12/15/2022, 04:30 PM
Previous filing
Dec 1, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +38.7K +14.5% $0.00 306K Dec 13, 2022 Direct F1
transaction RJF Common Stock Tax liability -$1.6M -14.3K -4.69% $111.52 292K Dec 13, 2022 Direct
transaction RJF Common Stock Sale -$2.67M -24K -8.24% $111.27 267K Dec 14, 2022 Direct F2, F3
holding RJF Common Stock 1.77K Dec 13, 2022 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 -38.7K -100% $0.00* 0 Dec 13, 2022 Common Stock 38.7K Direct F1, F5
transaction RJF Restricted Stock Units Award $0 +11.8K $0.00 11.8K Dec 15, 2022 Common Stock 11.8K Direct F1, F6
transaction RJF Restricted Stock Units Award $0 +30.9K $0.00 30.9K Dec 15, 2022 Common Stock 30.9K 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 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 $111.00 to $111.55.
F4 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 9, 2022.
F5 The RSU grant was previously reported as covering 25,824 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 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) the open market sale by the reporting person of shares of common stock, (iv) a grant of retention RSUs to the reporting person, and (v) a grant of RSUs as a portion of the annual bonus to the reporting person.