STIFEL FINANCIAL CORP — Director's Dealing 2012

May 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STIFEL FINANCIAL CORP (SF)
CIK: 0000720672
Period of Report: 2012-05-11

Reporting Person: Minnick David M (General Counsel & Senior VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-11	Common Stock	G	100	—	Disposed	12602	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock Units	$0		Common Stock (12427)	12427	Direct

Footnotes

F1: Units vest 100% five years from the grant date.

F2: No expiration date for these Units.