Edgar Filing: BAER ROBERT J

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BAER ROBERT J

2. Issuer Name and Ticker or Trading Symbol
STIFEL FINANCIAL CORP [SF]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

UNIGROUP INC, ONE PREMIER DR

3. Date of Earliest Transaction (Month/Day/Year)
01/11/2008

(Street)

FENTON, MO 63026

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ 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 (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/11/2008		M		156	A	$ 0	4,955	D
Common Stock	01/11/2008		M		92	A	$ 0	5,047	D
Common Stock	01/11/2008		M		154	A	$ 0	5,201	D
Common Stock	01/11/2008		M		132	A	$ 0	5,333	D
Common Stock	01/11/2008		M		33	A	$ 0	5,366	D
Common Stock	01/11/2008		M		172	A	$ 0	5,538	D
Common Stock	01/11/2008		M		129	A	$ 0	5,667	D
Common Stock	01/11/2008		M		32	A	$ 0	5,699	D
Common Stock	01/11/2008		M		132	A	$ 0	5,831	D
Common Stock	01/11/2008		M		33	A	$ 0	5,864	D
Common Stock	01/11/2008		M		88	A	$ 0	5,952	D
Common Stock	01/11/2008		M		21	A	$ 0	5,973	D
Common Stock	01/11/2008		M		174	A	$ 0	6,147	D
Common Stock	01/11/2008		M		141	A	$ 0	6,288	D
Common Stock	01/11/2008		M		36	A	$ 0	6,324	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Phantom Stock Units

$ 0

01/11/2008

156

05/01/2002

05/01/2012

Common Stock

156

$ 0

Phantom Stock Units

$ 0

01/11/2008

05/09/2002

05/09/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

154

06/01/2002

06/01/2012

Common Stock

154

$ 0

Phantom Stock Units

$ 0

01/11/2008

132

07/01/2002

07/01/2012

Common Stock

132

$ 0

Phantom Stock Units

$ 0

01/11/2008

07/01/2002

07/01/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

172

08/01/2002

08/01/2012

Common Stock

172

$ 0

Phantom Stock Units

$ 0

01/11/2008

129

09/03/2002

09/03/2012

Common Stock

129

$ 0

Phantom Stock Units

$ 0

01/11/2008

09/03/2002

09/03/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

132

10/01/2002

10/01/2012

Common Stock

132

$ 0

Phantom Stock Units

$ 0

01/11/2008

10/01/2002

10/01/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

10/28/2002

10/28/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

10/28/2002

10/28/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/11/2008

174

11/01/2002

11/01/2012

Common Stock

174

$ 0

Phantom Stock Units

$ 0

01/11/2008

141

12/02/2002

12/02/2012

Common Stock

141

$ 0

Phantom Stock Units

$ 0

01/11/2008

12/02/2002

12/02/2012

Common Stock

$ 0

Phantom Stock Units

$ 0

01/02/2003

01/02/2013

Common Stock

189

Phantom Stock Units

$ 0

01/30/2003

01/30/2013

Common Stock

115

Phantom Stock Units

$ 0

02/03/2003

02/03/2013

Common Stock

177

Phantom Stock Units

$ 0

03/03/2003

03/03/2013

Common Stock

175

Phantom Stock Units

$ 0

04/01/2003

04/01/2013

Common Stock

179

Phantom Stock Units

$ 0

05/01/2003

05/01/2013

Common Stock

172

Phantom Stock Units

$ 0

05/12/2003

05/12/2013

Common Stock

106

Phantom Stock Units

$ 0

06/01/2003

06/01/2013

Common Stock

166

Phantom Stock Units

$ 0

07/01/2003

07/01/2013

Common Stock

168

Phantom Stock Units

$ 0

08/01/2003

08/01/2013

Common Stock

171

Phantom Stock Units

$ 0

08/06/2003

08/06/2013

Common Stock

340

Phantom Stock Units

$ 0

09/01/2003

09/01/2013

Common Stock

161

Phantom Stock Units

$ 0

10/01/2003

10/01/2013

Common Stock

785

Phantom Stock Units

$ 0

01/01/2004

01/01/2014

Common Stock

562

Phantom Stock Units

$ 0

04/01/2004⁽¹⁾

⁽²⁾

Common Stock

7,347

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BAER ROBERT J UNIGROUP INC ONE PREMIER DR FENTON, MO 63026	X

Signatures

By: Forrest M. Smith For: Robert J. Baer		01/15/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Units vest quarterly over a one year period.
(2)	No expiration date for these Units.

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