SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): August 27, 1997
STIFEL FINANCIAL CORP.
(Exact Name of Registrant as specified in its Charter)
Delaware 1-9305 43-1273600
(State of (Commission File (IRS Employer
Incorporation) Number) Identification No.)
500 North Broadway
St. Louis, Missouri 63102-2188
(Address of principal executive offices, including zip code)
(314) 342-2000
(Registrant's telephone number, including area code)
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STIFEL FINANCIAL CORP.
FORM 8-K
August 27, 1997
Item 5. Other Event
Stifel Financial Corp. (the "Registrant") has outstanding
$10,000,000 aggregate principal amount of 11.25% Senior
Convertible Notes (the "Notes") due September 1, 1997, through
September 1, 2000, in equal installments to AEGON USA, Inc.
("AEGON"). The notes are convertible into shares of the
Registrant's $0.15 par value common stock at any time prior to
maturity, unless previously redeemed, at a conversion price of
$7.0536 per share.
On August 27, 1997, the Registrant received notice that
AEGON has elected to exercise the conversion privilege of the
Note Agreement on the current portion ($2,500,000) into 354,424
shares. The Registrant's outstanding shares after the conversion
will approximate 5,046,502 shares. AEGON will hold approximately
7.02% of total outstanding shares after the conversion.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
STIFEL FINANCIAL CORP.
Date: September 11, 1997 By: /s/ Stephen J. Bushmann
Name: Stephen J. Bushmann
Title: Chief Financial Officer
