STIFEL FINANCIAL CORP — Director's Dealing 2010

Jan 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STIFEL FINANCIAL CORP (SF)
CIK: 0000720672
Period of Report: 2010-01-20

Reporting Person: HANSER FREDERICK O (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-20	Common Stock	M	844	—	Acquired	2844	Direct
2010-01-20	Common Stock	M	2556	—	Acquired	5400	Direct
2010-01-20	Common Stock	M	825	—	Acquired	6225	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-20	Phantom Stock Units	$0	M	844	Disposed	2014-01-01	Common Stock (844)	Direct
2010-01-20	Phantom Stock Units	$0	M	2556	Disposed		Common Stock (2556)	Direct
2010-01-20	Phantom Stock Units	$0	M	825	Disposed		Common Stock (825)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Option to Buy)	$0		Common Stock (2250)	2250	Direct
Stock Option (Option to Buy)	$10.575	2013-10-22	Common Stock (10001)	10001	Direct
Stock Option (Option to Buy)	$13.89	2014-02-03	Common Stock (2000)	2000	Direct
Stock Option (Option to Buy)	$20.22	2015-01-03	Common Stock (1500)	1500	Direct
Stock Option (Option to Buy)	$38.25	2016-01-03	Common Stock (1500)	1500	Direct

Footnotes

F1: Units vest quarterly over a one year period.

F2: No expiration date for these Units.

F3: Options vest in 20% increments on 10/22/04, 10/22/05, 10/22/06, 10/22/07 and 10/22/08.

F4: Options vest in 20% increments yearly from the grant date.

F5: Options vest in 20 percent increments on 1/3/06, 1/3/07, 1/3/08, 1/3/09 and 1/3/10.

F6: Options vest in 20% increments on 1/3/07, 1/3/08, 1/3/09, 1/3/10 and 1/3/11.