X0306 4 2017-12-15 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001541020 Dowdle Jeffrey A 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 President, Asset Mgmt Group Common Stock 2017-12-11 5 G 0 6822.0000 0.0000 D 32264.0000 D Common Stock 2017-12-15 4 M 0 2099.0000 0 A 34363.0000 D Common Stock 7899.0000 I ESOP Common Stock 1500.0000 I UTMA Custodian for Daughter EC Common Stock 1500.0000 I UTMA Custodian for Son GT Restricted Stock Units 2017-12-15 4 M 0 2099.0000 0.0000 D 2017-12-15 2017-12-15 Common Stock 2099.0000 0.0000 D Restricted Stock Units 2017-12-15 4 A 0 1803.0000 0.0000 A 2020-12-15 2020-12-15 Common Stock 1803.0000 1803.0000 D 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. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2017. 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. Award of RSUs as a portion of annual bonus under Amended and Restated 2012 Stock Incentive Plan. This Form 4 reports (1) the grant of RSUs under the issuer's Amended and Restated 2012 Stock Incentive Plan as a portion of the annual bonus to the reporting person, (2) the vesting of RSUs awarded to the reporting person on 12/15/2014, and (3) the gift of shares by the reporting person. /s/ Jeffrey A. Dowdle by Jonathan J. Doyle as Attorney-in-Fact 2017-12-19