Paul M. Shoukry - 12 Dec 2023 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
Chief Financial Officer
Signature
/s/ Paul M. Shoukry by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
12 Dec 2023
Net transactions value
-$23,661
Form type
4
Filing time
12 Dec 2023, 17:30:42 UTC
Previous filing
05 Dec 2023
Next filing
18 Dec 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 +900 +4.2% $0.000000 22,526 12 Dec 2023 Direct F1
transaction RJF Common Stock Tax liability $23,661 -219 -0.97% $108.04 22,307 12 Dec 2023 Direct
holding RJF Common Stock 1,253 12 Dec 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 Options Exercise $0 -900 -50% $0.000000 900 12 Dec 2023 Common Stock 900 Direct F1, F3
* 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 11, 2023.
F3 RSUs vested 60% on 12/12/2022, 20% on 12/12/2023, and will vest 20% on 12/12/2024.

Remarks:

This Form 4 reports (i) the vesting of RSUs awarded to the reporting person on December 12, 2019, and (ii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting.