Jonathan W. Oorlog Jr. - 20 Nov 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
Issuer symbol
RJF
Transactions as of
20 Nov 2023
Net transactions value
-$73,551
Form type
4
Filing time
01 Dec 2023, 14:52:46 UTC
Previous filing
05 Dec 2022
Next filing
24 Nov 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 +450 +3.3% $0.000000 14,240 29 Nov 2023 Direct F1
transaction RJF Common Stock Tax liability $11,198 -109 -0.77% $102.73 14,131 29 Nov 2023 Direct
transaction RJF Common Stock Options Exercise $0 +2,250 +16% $0.000000 16,381 30 Nov 2023 Direct F1
transaction RJF Common Stock Tax liability $62,354 -601 -3.7% $103.75 15,780 30 Nov 2023 Direct
holding RJF Common Stock 2,331 20 Nov 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 +2,396 $0.000000 2,396 20 Nov 2023 Common Stock 2,396 Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -450 -100% $0.000000* 0 29 Nov 2023 Common Stock 450 Direct F1, F4
transaction RJF Restricted Stock Units Options Exercise $0 -2,250 -60% $0.000000 1,500 30 Nov 2023 Common Stock 2,250 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.