Debbra L. Schoneman - 24 Feb 2023 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
President
Signature
/s/ James Grant for Debbra L. Schoneman
Issuer symbol
PIPR
Transactions as of
24 Feb 2023
Net transactions value
$0
Form type
4
Filing time
28 Feb 2023, 15:42:29 UTC
Previous filing
17 Feb 2023
Next filing
05 Dec 2023
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 +9,971 +14% $0.000000 82,601 24 Feb 2023 Direct F1
transaction PIPR Common Stock Tax liability $0 -4,547 -5.5% $0.000000 78,054 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.