STIFEL FINANCIAL CORP — Director's Dealing 2012

Jan 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STIFEL FINANCIAL CORP (SF)
CIK: 0000720672
Period of Report: 2012-01-17

Reporting Person: ZEMLYAK JAMES M (Director, CHIEF FIN'L & ADMIN OFFCR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-17	Common Stock	M	24015	—	Acquired	646602	Direct
2012-01-17	Common Stock	F	10195	$33.39	Disposed	636407	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-17	Phantom Stock Units	$0	M	24015	Disposed		Common Stock (24015)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2300	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (9230)	9230	Direct
Stock Option (Option to Buy)	$5.8	2013-02-10	Common Stock (60002)	60002	Direct

Footnotes

F1: Fully vested.

F2: No expiration date for these Units.

F3: Various exercisable dates.

F4: Options vest in 20% increments on 2/10/04, 2/10/05, 2/10/06, 2/10/07 and 2/10/08.