Philip Soran - May 17, 2023 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
Director
Signature
/s/ James Grant for Philip E. Soran
Stock symbol
PIPR
Transactions as of
May 17, 2023
Transactions value $
$100,084
Form type
4
Date filed
5/18/2023, 03:28 PM
Previous filing
May 16, 2023
Next filing
Jun 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $100K +775 +3.6% $129.14 22.3K May 17, 2023 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 an annual equity grant of 775 shares of common stock resulting in an accrual to his account of 775 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.