Timothy L. Carter - Feb 25, 2022 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Signature
/s/ James Grant for Timothy L. Carter
Stock symbol
PIPR
Transactions as of
Feb 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/1/2022, 03:30 PM
Previous filing
Feb 18, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $0 +3.66K +28.38% $0.00 16.6K Feb 25, 2022 Direct F1
transaction PIPR Common Stock Tax liability $0 -1.67K -10.08% $0.00 14.9K Feb 25, 2022 Direct
* 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 150% based on attaining certain levels of adjusted return on equity and 150% based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2019 through December 31, 2021.