Organometallic high-valent Pd(allyl) complexes have been recently proposed to act as intermediates in catalytic allylic functionalization reactions. While a few Pd IV (η 1 -allyl) complexes have been isolated and characterized, Pd III (η 3 -allyl) or Pd III (η 1 -allyl) complexes have not been detected or isolated to date. Reported herein is the synthesis, characterization, and reactivity of a series of Pd II (η 3 -allyl) complexes supported by the tetradentate pyridinophane ligands N, N′-di-tert-butyl-2,11-diaza-[3.3](2,6)pyridinophane ( tBu N4) and N, N′-di-tert-methyl-2,11diaza[3.3](2,6)pyridinophane ( Me N4). These Pd II (η 3 -allyl) complexes exhibit accessible oxidation potentials and upon oxidation generate Pd III (allyl) complexes that were characterized by electron paramagnetic resonance (EPR) spectroscopy. Interestingly, the [( Me N4)Pd III (η 3 -allyl)] 2+ complex undergoes a rearrangement to the [( Me N4)Pd III (η 1 -allyl)] 2+ species at low temperatures. Moreover, fast allylic amination occurred within 15 min at room temperature upon the reaction of [( Me N4)Pd II (η 3 -allyl)] + complexes with N-fluorobenzenesulfonimide (NFSI), and the C−N bond formation step is proposed to occur at the Pd(IV) oxidation state, likely via a Pd IV (η 1 -allyl) intermediate.