Timothy L. Carter - Feb 24, 2023 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Chief Financial Officer
Signature
/s/ James Grant for Timothy L. Carter
Stock symbol
PIPR
Transactions as of
Feb 24, 2023
Transactions value $
$0
Form type
4
Date filed
2/28/2023, 03:37 PM
Previous 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 +5.19K +32.71% $0.00 21.1K Feb 24, 2023 Direct F1
transaction PIPR Common Stock Tax liability $0 -2.37K -11.24% $0.00 18.7K Feb 24, 2023 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 140% overall, with 150% vesting based on attaining certain levels of adjusted return on equity and 130% vesting based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2020 through December 31, 2022.