Raymond James Wealth Management Ltd — Director's Dealing 2012

Feb 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYMOND JAMES FINANCIAL INC (RJF)
CIK: 0000720005
Period of Report: 2012-02-23

Reporting Person: REILLY PAUL C (Director, Chief Executive Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-23	Employee Stock Option (right to buy)	$27.1000	A	25000.0000	Acquired	2017-01-22	Common Stock (25000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	255873.0000	Direct
Common Stock	285.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$25.2800	2016-01-24	Common Stock (25000.0000)	25000.0000	Direct
Employee Stock Option (right to buy)	$25.8700	2013-02-15	Common Stock (2500.0000)	2500.0000	Direct
Employee Stock Option (right to buy)	$15.9100	2014-02-20	Common Stock (2500.0000)	2500.0000	Direct
Restricted Stock Units	$	2013-12-15	Common Stock (13162.0000)	13162.0000	Direct
Restricted Stock Units	$	2014-12-15	Common Stock (27500.0000)	27500.0000	Direct

Footnotes

F1: Includes number of shares acquired under ESOP through February 23, 2012.

F2: The option grant was approved by the Board of Directors on November 22, 2011, subject to shareholder approval of the 2012 Stock Incentive Plan under which the option was granted. RJF shareholders approved the plan on February 23, 2012.

F3: Options becoming exercisable - 15,000 on 11/22/2014, 5,000 on 11/22/2015 and 5,000 on 11/22/2016

F4: Options becoming exercisable - 15,000 on 11/24/2012, 2,090 on 11/24/2013, 3,955 on 11/24/2014, 3,955 on 01/24/2015

F5: Each restricted stock unit represents a contingent right to receive one share of RJF common stock upon vesting and dividend equivalents.