X0306 4 2016-12-06 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001422342 Raney Steven M 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 President & CEO RJBank Common Stock 2016-12-06 4 M 0 3690.0000 27.1000 A 26750.0000 D Common Stock 2016-12-06 4 F 0 1363.0000 73.3600 D 25387.0000 D Common Stock 2016-12-07 4 M 0 10000.0000 37.8700 A 35387.0000 D Common Stock 2016-12-07 4 M 0 1310.0000 27.1000 A 36697.0000 D Common Stock 2016-12-07 4 S 0 11310.0000 73.1949 D 25387.0000 D Common Stock 2016-12-07 5 G 0 205.0000 0.0000 D 25182.0000 D Common Stock 1442.0000 I ESOP Employee Stock Option (right to buy) 27.1000 2016-12-06 4 M 0 3690.0000 0.0000 D 2017-01-22 Common Stock 3690.0000 1310.0000 D Employee Stock Option (right to buy) 27.1000 2016-12-07 4 M 0 1310.0000 0.0000 D 2017-01-22 Common Stock 1310.0000 0.0000 D Employee Stock Option (right to buy) 37.8700 2016-12-07 4 M 0 10000.0000 0.0000 D 2019-11-29 Common Stock 10000.0000 2500.0000 D Includes 85 shares of common stock acquired on December 2, 2016, pursuant to the registrant's Employee Stock Purchase Plan. The reporting person effected multiple same-way open market sale transactions on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. Reflects the weighted average sale price. The range of prices for such transaction was $73.07 to $73.39. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 17, 2016 Of the 25,000 employee stock options granted on 11/22/2011, 60% vested on 11/22/2014, 20% on 11/22/2015 and 20% on 11/22/2016. Of the 12,500 employee stock options granted on 11/29/ 2012, 60% vested on 11/29/2015, 20% on 11/29/2016, and 20% will vest on 11/29/2017. This Form 4 reports (i) the exercise of stock options granted to the reporting person on 11/22/2011,(ii) the related disposition by the reporting person to the issuer to cover taxes and the exercise prices, (iii) the partial exercise of stock options granted to the reporting person on 11/29/2012, (iv) the open market sale by the reporting person of shares of common stock, and (v) the gift of shares by the reporting person. /s/ Steven M. Raney by Jonathan J. Doyle as Attorney-in-Fact 2016-12-08