Raymond James Wealth Management Ltd — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYMOND JAMES FINANCIAL INC (RJF)
CIK: 0000720005
Period of Report: 2021-11-29

Reporting Person: Dowdle Jeffrey A (COO & Head of Asset Mgmt.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-29	Common Stock	M	4500.0000	—	Acquired	55055.0000	Direct
2021-11-29	Common Stock	F	1095.0000	$100.5700	Disposed	53960.0000	Direct
2021-11-30	Common Stock	M	1500.0000	—	Acquired	55460.0000	Direct
2021-11-30	Common Stock	M	1500.0000	—	Acquired	56960.0000	Direct
2021-11-30	Common Stock	F	392.0000	$98.2900	Disposed	56568.0000	Direct
2021-11-30	Common Stock	F	392.0000	$98.2900	Disposed	56176.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-29	Restricted Stock Units	$	M	4500.0000	Disposed	2023-11-29	Common Stock (4500.0000)	Direct
2021-11-30	Restricted Stock Units	$	M	1500.0000	Disposed	2021-11-30	Common Stock (1500.0000)	Direct
2021-11-30	Restricted Stock Units	$	M	1500.0000	Disposed	2022-11-30	Common Stock (1500.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12945.0000	Indirect
Common Stock	1125.0000	Indirect
Common Stock	1125.0000	Indirect

Footnotes

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. Includes 179 shares of common stock acquired on September 2, 2021 pursuant to the registrant's Employee Stock Purchase Plan but was adjusted to reflect the stock split that occurred on September 21, 2021.

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: On September 21, 2021, the common stock of RJF split 3-for-2, resulting in the reporting person's indirect ownership of additional shares of common stock. 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.

F5: RSUs vested 60% on 11/29/2021, will vest 20% on 11/29/2022, and 20% on 11/29/2023.

F6: 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.

F7: RSUs vested 60% on 11/30/2019, 20% on 11/30/2020, and 20% on 11/30/2021.

F8: 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.

F9: RSUs vested 60% on 11/30/2020, 20% on 11/30/2021, and will vest 20% on 11/30/2022.

F10: 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.