Philip Soran - Jun 9, 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
Jun 9, 2023
Transactions value $
$10,011
Form type
4
Date filed
6/12/2023, 05:33 PM
Previous filing
May 18, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $10K +73 +0.33% $137.14 22.3K Jun 9, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Dividend equivalents that are paid on shares of phantom stock are deemed reinvested in additional shares of phantom stock as of the payment date. These phantom shares accrue to the reporting person's account in the directors' deferred compensation plan. The shares of phantom stock become payable, in an equal number of shares of common stock, on the last day of the year in which the reporting person's service as a director terminates.