X0306 4 2017-02-01 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001182775 JAMES THOMAS A 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 1 1 Chairman Emeritus Common Stock 2017-02-01 5 G 0 662754.0000 0.0000 D 662754.0000 I By Robert A. James Trust Common Stock 33750.0000 I By James Ventures, Inc. Common Stock 1000000.0000 I By TA James Ventures Partnership Common Stock 12306036.0000 I By Thomas A. James Family Rev Trust Common Stock 227.0000 I ESOP Common Stock 48087.0000 I Spouse The reporting person is the trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. Shares previously shown as directly held. Includes shares of common stock held in the reporting person's Employee Stock Ownership Plan (ESOP) account through May 22, 2017. This Form 4 reports a gift of shares to the beneficiaries of a trust. /s/ Thomas A. James by Jonathan J. Doyle as Attorney-in-Fact 2017-05-24