STIFEL FINANCIAL CORP — Director's Dealing 2011

May 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STIFEL FINANCIAL CORP (SF)
CIK: 0000720672
Period of Report: 2011-05-18

Reporting Person: OATES JAMES M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-18	Common Stock	S	10000	$40.1	Disposed	65450	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	573	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$0		Common Stock (19290)	19290	Direct

Footnotes

F1: Currently exercisable.

F2: No expiration date for these Units.