Steven M. Raney - Dec 15, 2023 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
President & CEO RJBank
Signature
/s/ Steven M. Raney by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Dec 15, 2023
Transactions value $
-$163,231
Form type
4
Date filed
12/18/2023, 08:55 AM
Previous filing
Dec 5, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +1.48K +2.65% $0.00 57.1K Dec 15, 2023 Direct F1, F2
transaction RJF Common Stock Tax liability -$60.5K -546 -0.96% $110.88 56.5K Dec 15, 2023 Direct F2
transaction RJF Common Stock Sale -$103K -930 -1.64% $110.42 55.6K Dec 15, 2023 Direct F2
holding RJF Common Stock 2.98K Dec 15, 2023 ESOP F3

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 +5.41K $0.00 5.41K Dec 15, 2023 Common Stock 5.41K Direct F1, F4
transaction RJF Restricted Stock Units Options Exercise $0 -1.48K -100% $0.00* 0 Dec 15, 2023 Common Stock 1.48K Direct F1, F5
transaction RJF Restricted Stock Units Award $0 +1.69K $0.00 1.69K Dec 15, 2023 Common Stock 1.69K Direct F1, 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 58 shares of common stock acquired on December 4, 2023, pursuant to the registrant's Employee Stock Purchase Plan.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 11, 2023.
F4 RSUs vest 60% on 12/15/2026, 20% on 12/15/2027, and 20% on 12/15/2028.
F5 The RSU grant was previously reported as covering 984 shares awarded on December 15, 2020, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F6 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 15, 2020, (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.