Chad R. Abraham - 25 Feb 2022 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
CEO and Chairman, Director
Signature
/s/ James Grant for Chad R. Abraham
Issuer symbol
PIPR
Transactions as of
25 Feb 2022
Net transactions value
$0
Form type
4
Filing time
01 Mar 2022, 15:27:37 UTC
Previous filing
18 Feb 2022
Next filing
26 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $0 +21,081 +27% $0.000000 99,388 25 Feb 2022 Direct F1
transaction PIPR Common Stock Tax liability $0 -9,613 -9.7% $0.000000 89,775 25 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represented a contingent right to receive one share of PIPR common stock. The performance share units vested 150% based on attaining certain levels of adjusted return on equity and 150% based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2019 through December 31, 2021.