Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PIPR | Common Stock | Award | $0 | +9.43K | +20.28% | $0.00 | 55.9K | Feb 26, 2024 | Direct | F1 |
transaction | PIPR | Common Stock | Tax liability | $0 | -3.71K | -6.63% | $0.00 | 52.2K | Feb 26, 2024 | Direct | |
holding | PIPR | Common Stock | 25.7K | Feb 26, 2024 | By Spouse as sole Trustee and Beneficiary for Irrevocable Trust | F2 | |||||
holding | PIPR | Common Stock | 25.7K | Feb 26, 2024 | By Irrevocable Trust | F3 |
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 | The shares are held in an irrevocable trust for the benefit of the reporting person's spouse. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
F3 | The shares are held in an irrevocable trust for the benefit of the reporting person. The reporting person is trustee of the trust. |