Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number:              3235-0287 Expires:               January 31, 2005 Estimated average               burden hours per response    0.5
(Print or Type Responses) Filed prusuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1934 or Section 30(f) of the Investment Company Act of 1940  
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s) to Issuer  
    (Check all applicable)  
Hill Harvard   H Raymond James Financial (RJF) X Director   ______ 10% Owner  
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for   Officer (give   ______ Other (specify  
  Number of Reporting Month/Day/Year title below)   


880 Carillon Parkway Person (Voluntary) November 15, 2002      
(Street)   5. If Amendment   7. Individual or Joint/Group Filing (Check Applicable Line)  
Date of Original X Form filed by One Reporting Person  
St. Petersburg FL 33716 (Month/Day/Year) Form filed by More than One Reporting Person  
(City) (State) (ZIP) Table I - Non Derivative Securities Acquired, Disposed of , or beneficially Owned  
1. Title of Security   2. Trans- 2A. Deemed 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature of
(Instr. 3) action Execution action or Disposed of (D) Securities ship Indirect
  Date Date, if any Code (Instr. 3, 4 and 5) Beneficially Form: Beneficial
  (Month/Day/Year (Instr. 8)   Owned at Direct Owner-
(Month/     Following (D) or ship
Day/   Reported Indirect  
Year)   Code V   (A) or   Transactions (I)  
Raymond James Financial, Inc. (RJF)     Amount (D) Price (Instr. 3 and 4) (Instr. 4) (Instr. 4)
RJF Common Stock   11/15/2002   S 250 D $ 28.910 250 D  
(1) Shares acquired under Employee Stock Purchase Plan  
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.     (Over)  
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).     SEC 1474 (7-96)  



FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)    
1. Title of Derivative Security 2. Conver- 3. Trans- 3.A Deemed 4. Trans- 5. Number or Deriv- 6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10.Owner- 11.Nature
(Instr. 3) sion or action Execution Date, action ative Securities Ac- cisable and Underlying Securities of of deriv- ship of
  Exercise Date if any Code quired (A) or Dis- Expiration (Instr. 3 and 4) deriv- ative Form of Indirect
Price of   (Month/Day/Year (Instr. 8) posed of (D) Date   Secur- Secur- Security: Benefi-
Deri- (Month/     (Instr. 3, 4, and 5) (Month/Day/ ity ities Direct cial
vative Day/     Year) (Instr. Bene- (D) or Owner-
Security Year)     5) ficially Indirect ship
        Owned (I) (Instr. 4)
  at End Instr. 4)  
  of deriv-  
      Title   Month
  Date Expira- Amount or (Instr. 4)
  Code V (A) (D) Exer- tion Number of  
  cisible Date Shares
Employee Stock Option (Right to buy)               Current 2/13/2003 Common Stock 2,250 25.9583      
Employee Stock Option (Right to buy)               Current 2/12/2004 Common Stock 1,500 18.6250      
Employee Stock Option (Right to buy)               2/12/2003 2/12/2005 Common Stock 1,500 18.4375      
Employee Stock Option (Right to buy)               2/9/2004 2/9/2006 Common Stock 1,500 36.9400      
Employee Stock Option (Right to buy)               2/15/2005 2/15/2007 Common Stock 1,500 33.0700 8,250 D  
Explanation of Responses:  
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations, /S/ HARVARD H. HILL 11/15/2002  
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date  
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient.    
see Instructions 6 for procedure.  
Potential persons who are to respond to the collection of information contained in this form are not    
required to respond unless the form displays a currently valid OMB Number.  
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    SEC 1474 (7-96)