Scott A. Curtis - 29 Nov 2021 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
President, PCG
Signature
/s/ Scott A. Curtis by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
29 Nov 2021
Transactions value $
-$293,991
Form type
4
Filing time
01 Dec 2021, 12:58:06 UTC
Previous filing
08 Sep 2021
Next filing
03 Dec 2021
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 +4.5K +3.04% $0.00 153K 29 Nov 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$178K -1.77K -1.16% $100.57 151K 29 Nov 2021 Direct F2
transaction RJF Common Stock Options Exercise $0 +1.5K +1% $0.00 152K 30 Nov 2021 Direct F1, F2
transaction RJF Common Stock Options Exercise $0 +1.5K +0.99% $0.00 154K 30 Nov 2021 Direct F1, F2
transaction RJF Common Stock Tax liability -$58K -590 -0.38% $98.29 153K 30 Nov 2021 Direct F2
transaction RJF Common Stock Tax liability -$58K -590 -0.39% $98.29 153K 30 Nov 2021 Direct F2
transaction RJF Common Stock Gift $0 -110 -0.07% $0.00 152K 30 Nov 2021 Direct F2
holding RJF Common Stock 3.77K 29 Nov 2021 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 -4.5K -60% $0.00 3K 29 Nov 2021 Common Stock 4.5K Direct F1, F4, F5
transaction RJF Restricted Stock Units Options Exercise $0 -1.5K -100% $0.00* 0 30 Nov 2021 Common Stock 1.5K Direct F1, F6, F7
transaction RJF Restricted Stock Units Options Exercise $0 -1.5K -50% $0.00 1.5K 30 Nov 2021 Common Stock 1.5K Direct F1, F8, F9
* 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 On September 21, 2021, the common stock of RJF split 3-for-2, resulting in the reporting person's ownership of additional shares of common stock.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 22, 2021, but was adjusted to reflect the stock split that occurred on September 21, 2021.
F4 RSUs vested 60% on 11/29/2021, will vest 20% on 11/29/2022, and 20% on 11/29/2023.
F5 The RSU grant was previously reported as covering 5,000 shares awarded on November 29, 2018, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F6 RSUs vested 60% on 11/30/2019, 20% on 11/30/2020, and 20% on 11/30/2021.
F7 The RSU grant was previously reported as covering 5,000 shares awarded on November 30, 2016, of which 1,000 shares remained outstanding, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F8 RSUs vested 60% on 11/30/2020, 20% on 11/30/2021, and will vest 20% on 11/30/2022.
F9 The RSU grant was previously reported as covering 5,000 shares awarded on November 30, 2017, of which 2,000 shares remained outstanding, 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) the partial vesting of RSUs awarded to the reporting person, (ii) dispositions by the reporting person to the issuer to cover the tax liability in connection with such vesting, (iii) the gift of shares by the reporting person, and (iv) revised balances in holdings of the registrant's common stock after giving effect to a 3-for-2 stock split by means of a stock dividend that was effected on September 21, 2021.