Chad R. Abraham - 26 Feb 2024 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Signature
/s/ James Grant for Chad R. Abraham
Issuer symbol
PIPR
Transactions as of
26 Feb 2024
Transactions value $
$0
Form type
4
Filing time
28 Feb 2024, 16:39:19 UTC
Previous filing
22 Feb 2024
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Award $0 +28.6K +119.52% $0.00 52.6K 26 Feb 2024 Direct F1
transaction PIPR Common Stock Tax liability $0 -13.1K -24.83% $0.00 39.5K 26 Feb 2024 Direct
holding PIPR Common Stock 36K 26 Feb 2024 Through Living Trust F2
* 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 150% based on attaining certain levels of adjusted return on equity and 150% based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2021 through December 31, 2023.
F2 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.