X0306 4 2017-11-29 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001240439 REILLY PAUL C 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 1 Chief Executive Officer Common Stock 2017-11-29 4 A 0 14991.0000 0.0000 A 117201.0000 D Common Stock 2017-11-29 4 M 0 2500.0000 37.8700 A 119701.0000 D Common Stock 2017-11-29 4 M 0 110.0000 48.2000 A 119811.0000 D Common Stock 2017-11-29 4 F 0 1129.0000 88.4000 D 118682.0000 D Common Stock 837.0000 I ESOP Employee Stock Option (right to buy) 48.2000 2017-11-29 4 M 0 110.0000 0.0000 D 2020-11-21 Common Stock 110.0000 12390.0000 D Employee Stock Option (right to buy) 37.8700 2017-11-29 4 M 0 2500.0000 0.0000 D 2019-11-29 Common Stock 2500.0000 2500.0000 D Restricted Stock Units 2017-11-30 4 A 0 12500.0000 0.0000 A 2022-11-30 Common Stock 12500.0000 12500.0000 D Vesting of Performance Restricted Stock Units (PRSUs) granted on 12/15/2014. Includes shares of common stock acquired under the reporting person's Employee Stock Ownership Plan (ESOP) account through November 28, 2017. The stock options vested 60% on 11/21/2016, 20% on 11/21/2017, and will vest 20% on 11/21/2018. The stock options vested 60% on 11/29/2015, 20% on 11/29/2016, and 20% on 11/29/2017. 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. RSUs vest 60% on 11/30/2020, 20% on 11/30/2021, and 20% on 11/30/2022. This Form 4 reports (1) the acquisition by the reporting person of common stock resulting from the vesting of RSUs granted on 12/15/2014 based on the company's attaining certain levels of average after-tax return-on-equity over a three-year measurement period, (2) a grant of Restricted Stock Units (RSUs) to the reporting person, and (3) exercise of stock options with respect to 2,610 shares of common stock and disposition of 1,129 shares of common stock to the issuer to cover the exercise price. /s/ Paul C. Reilly by Jonathan J. Doyle as Attorney-in-Fact 2017-12-01