James P. Baker - Feb 27, 2025 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Global Co-Head IB and Cap Mkts
Signature
/s/ James Grant for James P. Baker
Stock symbol
PIPR
Transactions as of
Feb 27, 2025
Transactions value $
$0
Form type
4
Date filed
3/3/2025, 04:10 PM
Previous filing
Feb 19, 2025
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 +7.67K +14.41% $0.00 60.9K Feb 27, 2025 Direct F1
transaction PIPR Common Stock Tax liability $0 -3.02K -4.96% $0.00 57.9K Feb 27, 2025 Direct
holding PIPR Common Stock 25.7K Feb 27, 2025 By Spouse as sole Trustee and Beneficiary for Irrevocable Trust F2
holding PIPR Common Stock 25.7K Feb 27, 2025 By Irrevocable Trust F3
* 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 100% based on attaining certain levels of adjusted return on equity and 100% based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2022 through December 31, 2024.
F2 The shares are held in an irrevocable trust for the benefit of the reporting person's spouse. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 The shares are held in an irrevocable trust for the benefit of the reporting person. The reporting person is trustee of the trust.