X0306 4 2016-11-21 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001537767 Allaire Bella Loykhter 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 Executive Vice President-RJA Common Stock 2016-11-21 4 M 0 6000.0000 0 A 34417.0000 D Common Stock 2016-11-21 4 A 0 2027.0000 0.0000 A 36444.0000 D Common Stock 2016-11-21 4 F 0 1664.0000 72.3200 D 34780.0000 D Common Stock 325.0000 I ESOP Restricted Stock Units 2016-11-21 4 M 0 6000.0000 0.0000 D 2018-11-21 Common Stock 6000.0000 4000.0000 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. Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/13/2013. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 21, 2016. The restricted stock units vest 60% on 11/21/2016, 20% on 11/21/2017, and 20% on 11/21/2018. This Form 4 reports (1) the vesting of RSUs awarded to the reporting person on 11/21/2013, (2) a disposition by the reporting person to the issuer to cover tax liability in connection with such vesting of RSUs, and (3) the acquisition by the reporting person of common stock resulting from the vesting of RSUs granted on 12/13/2013 based on the company's attaining certain levels of average after-tax return-on-equity over a three-year measurement period. /s/ Bella Loykhter Allaire by Jonathan J. Doyle as Attorney-in-Fact 2016-11-23