Philip E. Soran - 01 Jul 2021 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Philip E. Soran
Issuer symbol
PIPR
Transactions as of
01 Jul 2021
Net transactions value
+$31,265
Form type
4
Filing time
02 Jul 2021, 13:58:25 UTC
Previous filing
14 Jun 2021
Next filing
10 Sep 2021
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 $31,265 +240 +1.2% $130.27 19,525 01 Jul 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 quarterly director cash retainer fees resulting in the accrual to his acount of 240 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.