John W. Geelan - 24 Feb 2023 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
General Counsel
Signature
/s/ James Grant for John W. Geelan
Issuer symbol
PIPR
Transactions as of
24 Feb 2023
Net transactions value
$0
Form type
4
Filing time
28 Feb 2023, 15:39:38 UTC
Previous filing
17 Feb 2023
Next filing
20 Feb 2024
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 $0 +2,280 +14% $0.000000 18,361 24 Feb 2023 Direct F1
transaction PIPR Common Stock Tax liability $0 -973 -5.3% $0.000000 17,388 24 Feb 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.