Victoria M. Holt - May 21, 2021 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Victoria M. Holt
Stock symbol
PIPR
Transactions as of
May 21, 2021
Transactions value $
$95,011
Form type
4
Date filed
5/24/2021, 04:11 PM
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $95K +757 +23.38% $125.51 4K May 21, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to defer receipt of an annual equity grant of 757 shares of common stock resulting in an accrual to her account of 757 shares of phantom stock. The shares of phantom stock become payable, in common stock, on the last day of the year in which the reporting person's service as a director terminates.