| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PIPR | Common Stock | Sale | -$290K | -2.22K | -7.55% | $130.27 | 27.2K | May 22, 2023 | Direct | F1, F2 |
| transaction | PIPR | Common Stock | Sale | -$333K | -2.56K | -9.39% | $130.31 | 24.7K | May 23, 2023 | Direct | F1, F3 |
| transaction | PIPR | Common Stock | Sale | -$72.1K | -550 | -2.23% | $131.12 | 24.1K | May 23, 2023 | Direct | F1, F4 |
| holding | PIPR | Common Stock | 55K | May 22, 2023 | Through Living Trust | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The shares of common stock were sold pursuant to a 10b5-1 trading plan. |
| F2 | The price reported in Column 4 for all transactions on this report is a weighted average price. The shares sold in footnotes (2) through (4) were sold in multiple transactions at the price ranges provided in footnotes (2) through (4). These shares in footnote (2) were sold in multiple transactions at prices ranging from $130.0000 to $130.5800 inclusive. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) through (4) upon request by the SEC staff, the issuer or any shareholder of the issuer. |
| F3 | These shares were sold in multiple transactions at prices ranging from $130.0000 to $130.9900 inclusive. |
| F4 | These shares were sold in multiple transactions at prices ranging from $131.0300 to $131.5000 inclusive. |
| F5 | These shares are held in a revocable living trust, of which the reporting person and the reporting person's spouse are trustees, and the reporting person is a beneficiary. |