Jeffrey A. Dowdle - 13 Dec 2022 Form 4 Insider Report for RAYMOND JAMES FINANCIAL INC (RJF)

Role
COO & Head of Asset Mgmt.
Signature
/s/ Jeffrey A. Dowdle by Jonathan J. Doyle as Attorney-in-Fact
Issuer symbol
RJF
Transactions as of
13 Dec 2022
Transactions value $
-$148,768
Form type
4
Filing time
15 Dec 2022, 14:44:26 UTC
Previous filing
01 Dec 2022
Next filing
05 Jan 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 +3.61K +6.89% $0.00 56K 13 Dec 2022 Direct F1
transaction RJF Common Stock Tax liability -$149K -1.33K -2.38% $111.52 54.6K 13 Dec 2022 Direct
holding RJF Common Stock 1.13K 13 Dec 2022 by Daughter EC F2
holding RJF Common Stock 13.2K 13 Dec 2022 ESOP F3
holding RJF Common Stock 1.13K 13 Dec 2022 UTMA Custodian for Son GT 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 -3.61K -100% $0.00* 0 13 Dec 2022 Common Stock 3.61K Direct F1, F4
transaction RJF Restricted Stock Units Award $0 +5.44K $0.00 5.44K 15 Dec 2022 Common Stock 5.44K Direct F1, F5
transaction RJF Restricted Stock Units Award $0 +2.83K $0.00 2.83K 15 Dec 2022 Common Stock 2.83K 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 The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through December 9, 2022.
F4 The RSU grant was previously reported as covering 2,404 shares awarded on December 13, 2019, but was adjusted to reflect the 3-for-2 stock split by means of a stock dividend that occurred on September 21, 2021.
F5 RSUs vest 60% on 12/15/2025, 20% on 12/15/2026, and 20% on 12/15/2027.
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 13, 2019, (ii) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting, (iii) a grant of retention RSUs to the reporting person, and (iv) a grant of RSUs as a portion of the annual bonus to the reporting person.