Brian R. Sterling - Dec 31, 2021 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Brian R. Sterling
Stock symbol
PIPR
Transactions as of
Dec 31, 2021
Transactions value $
$25,170
Form type
4
Date filed
1/3/2022, 03:50 PM
Previous filing
Dec 13, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $25.2K +141 +0.69% $178.51 20.6K Dec 31, 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 account of 141 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.