X0306 4 2018-02-22 0000720005 RAYMOND JAMES FINANCIAL INC RJF 0001500125 Johnson Gordon L 880 CARILLON PARKWAY ST. PETERSBURG FL 33716 1 Common Stock 2018-02-22 4 M 0 1580.0000 0.0000 A 15307.0000 D Common Stock 2018-02-22 4 M 0 400.0000 0 A 15707.0000 D Restricted Stock Units 2018-02-22 4 A 0 1644.0000 0.0000 A Common Stock 1644.0000 1644.0000 D Restricted Stock Units 0.0000 2018-02-22 4 M 0 1580.0000 0.0000 D Common Stock 1580.0000 0.0000 D Restricted Stock Units 2018-02-22 4 M 0 400.0000 0.0000 D 2018-02-22 Common Stock 400.0000 0.0000 D Restricted Stock Units 2018-02-23 4 A 0 278.0000 0.0000 A Common Stock 278.0000 1922.0000 D Each Restricted Stock Unit (RSU) represents a contingent right to receive, upon vesting of the award: (i) one share of RJF common stock, and (ii) accrued cash in lieu of dividends. The award will vest at the date of the annual shareholders meeting next succeeding the grant date, but no later than March 15, 2019. By its terms, the award vested at the date of the annual shareholders meeting next succeeding the grant date, but no later than March 15, 2018. Restricted Stock Units vested 60% on 2/22/2016, 20% on 2/22/2017 and 20% on 2/22/2018. This Form 4 reports (i) the acquisition by the reporting person of RSUs resulting from an annual grant to the registrant's non-executive directors, (ii) a grant to non-executive directors of Raymond James Bank, a subsidiary of registrant and (iii) the vesting of RSUs awarded to the reporting person. /s/ Gordon L. Johnson by Jonathan J. Doyle as Attorney-in-Fact 2018-02-26