John W. Geelan - 26 Feb 2024 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
General Counsel
Signature
/s/ James Grant for John W. Geelan
Issuer symbol
PIPR
Transactions as of
26 Feb 2024
Net transactions value
$0
Form type
4
Filing time
28 Feb 2024, 16:46:41 UTC
Previous filing
20 Feb 2024
Next filing
07 May 2024
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 +2,247 +13% $0.000000 19,878 26 Feb 2024 Direct F1
transaction PIPR Common Stock Tax liability $0 -914 -4.6% $0.000000 18,964 26 Feb 2024 Direct
transaction PIPR Common Stock Gift $0 -540 -2.8% $0.000000 18,424 28 Feb 2024 Direct F2
* 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, 2021 through December 31, 2023.
F2 Represents shares of common stock that the reporting person donated as a gift to a donor advised fund.