Jonathan W. Oorlog JR - Nov 20, 2023 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
SVP & Chief Accounting Officer
Signature
/s/ Jonathan W. Oorlog, Jr. by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Nov 20, 2023
Transactions value $
-$73,551
Form type
4
Date filed
12/1/2023, 02:52 PM
Previous filing
Dec 5, 2022
Next filing
Nov 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +450 +3.26% $0.00 14.2K Nov 29, 2023 Direct F1
transaction RJF Common Stock Tax liability -$11.2K -109 -0.77% $102.73 14.1K Nov 29, 2023 Direct
transaction RJF Common Stock Options Exercise $0 +2.25K +15.92% $0.00 16.4K Nov 30, 2023 Direct F1
transaction RJF Common Stock Tax liability -$62.4K -601 -3.67% $103.75 15.8K Nov 30, 2023 Direct
holding RJF Common Stock 2.33K Nov 20, 2023 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 Award $0 +2.4K $0.00 2.4K Nov 20, 2023 Common Stock 2.4K Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -450 -100% $0.00* 0 Nov 29, 2023 Common Stock 450 Direct F1, F4
transaction RJF Restricted Stock Units Options Exercise $0 -2.25K -60% $0.00 1.5K Nov 30, 2023 Common Stock 2.25K Direct F1, F5, F6
* 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 20, 2023.
F3 RSUs vest 60% on 11/30/2026, 20% on 11/30/2027, and 20% on 11/30/2028.
F4 RSUs vested 60% on 11/29/2021, 20% on 11/29/2022, and 20% on 11/29/2023.
F5 RSUs vested 60% on 11/30/2023 and will vest 20% on 11/30/2024 and 20% on 11/30/2025.
F6 The RSU grant was previously reported as covering 2,500 shares awarded on November 23, 2020, 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) a grant of RSUs to the reporting person, (ii) the partial vestings of RSUs awarded to the reporting person, and (iii) dispositions by the reporting person to the issuer to cover the tax liability in connection with such vestings.