Brian R. Sterling - 30 Sep 2022 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Brian R. Sterling
Issuer symbol
PIPR
Transactions as of
30 Sep 2022
Net transactions value
+$20,215
Form type
4
Filing time
03 Oct 2022, 16:19:29 UTC
Previous filing
12 Sep 2022
Next filing
12 Dec 2022
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 $20,215 +193 +0.89% $104.74 21,941 30 Sep 2022 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 194 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.