Philip Soran - Dec 10, 2021 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Philip E. Soran
Stock symbol
PIPR
Transactions as of
Dec 10, 2021
Transactions value $
$46,192
Form type
4
Date filed
12/13/2021, 03:31 PM
Previous filing
Nov 5, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $46.2K +278 +1.4% $166.16 20.1K Dec 10, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalents that are paid on shares of phantom stock are deemed reinvested in additional shares of phantom stock as of the payment date. These phantom shares accrue to the reporting person's account in the directors' deferred compensation plan. The shares of phantom stock become payable, in an equal number of shares of common stock, on the last day of the year in which the reporting person's service as a director terminates.