Paul C. Reilly - Dec 14, 2023 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 14, 2023
Transactions value $
-$1,264,919
Form type
4
Date filed
12/18/2023, 01:12 PM
Previous filing
Nov 27, 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 Gift $0 -19.1K -7.02% $0.00 253K Dec 14, 2023 Direct
transaction RJF Common Stock Options Exercise $0 +30.8K +12.18% $0.00 284K Dec 15, 2023 Direct F1
transaction RJF Common Stock Tax liability -$1.26M -11.4K -4.02% $110.88 273K Dec 15, 2023 Direct
holding RJF Common Stock 1.86K Dec 14, 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 +11.7K $0.00 11.7K Dec 15, 2023 Common Stock 11.7K Direct F1, F3
transaction RJF Restricted Stock Units Options Exercise $0 -30.8K -100% $0.00* 0 Dec 15, 2023 Common Stock 30.8K Direct F1, F4
transaction RJF Restricted Stock Units Award $0 +33.4K $0.00 33.4K Dec 15, 2023 Common Stock 33.4K Direct F1, F5
* 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 vest 60% on 12/15/2026, 20% on 12/15/2027, and 20% on 12/15/2028.
F4 The RSU grant was previously reported as covering 20,555 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.
F5 Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan.

Remarks:

This Form 4 reports (i) the gift of shares by the reporting person, (ii) the vesting of RSUs awarded to the reporting person on December 15, 2020, (iii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, (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.