Paul C. Reilly - Nov 22, 2024 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Signature
/s/ Paul C. Reilly by Jonathan J. Doyle as Attorney-in-Fact
Stock symbol
RJF
Transactions as of
Nov 22, 2024
Transactions value $
-$227,163
Form type
4
Date filed
11/26/2024, 05:45 PM
Previous filing
May 24, 2024
Next filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RJF Common Stock Options Exercise $0 +3.75K +1.51% $0.00 252K Nov 22, 2024 Direct F1
transaction RJF Common Stock Tax liability -$227K -1.39K -0.55% $163.78 251K Nov 22, 2024 Direct
transaction RJF Common Stock Award $0 +74.9K +29.89% $0.00 325K Nov 25, 2024 Direct F2
holding RJF Common Stock 1.93K Nov 22, 2024 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 Options Exercise $0 -3.75K -100% $0.00 0 Nov 22, 2024 Common Stock 3.75K Direct F1, F4
* 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 Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/15/2021.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 20, 2024.
F4 RSUs vested 60% on 11/22/2022, 20% on 11/22/2023, and 20% on 11/22/2024.

Remarks:

This Form 4 reports (i) the partial vesting of RSUs awarded to the reporting person, (ii) a disposition by the reporting person to the issuer to cover the tax liability in connection with such vesting, and (iii) the acquisition by the reporting person of common stock resulting from the vesting of Restricted Stock Units (RSUs) granted on 12/15/2021 based on the company's attaining certain levels of average after-tax return-on-equity, as modified by the company's relative total shareholder return compared to a peer group, over a three-year measurement period.