Chad R. Abraham - Aug 15, 2024 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
CEO and Chairman, Director
Signature
/s/ James Grant for Chad R. Abraham
Stock symbol
PIPR
Transactions as of
Aug 15, 2024
Transactions value $
-$1,336,201
Form type
4
Date filed
8/16/2024, 04:36 PM
Previous filing
Jul 24, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Options Exercise $792K +8K +20.77% $99.00 46.5K Aug 15, 2024 Direct
transaction PIPR Common Stock Sale -$686K -2.59K -5.56% $265.39 43.9K Aug 15, 2024 Direct F1
transaction PIPR Common Stock Sale -$1.23M -4.61K -10.49% $266.20 39.3K Aug 15, 2024 Direct F2
transaction PIPR Common Stock Sale -$216K -808 -2.05% $267.06 38.5K Aug 15, 2024 Direct F3
holding PIPR Common Stock 36K Aug 15, 2024 Through Living Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PIPR Employee Stock Option (right to buy) Options Exercise $0 -8K -16.33% $0.00 41K Aug 15, 2024 Common Stock 8K $99.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 for all sales transactions on this report is a weighted average price. The shares sold in footnotes (1) through (3) were sold in multiple transactions at the price ranges provided in footnotes (1) through (3). These shares in footnote (1) were sold in multiple transactions at prices ranging from $264.5000 to $265.3850 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 (1) through (3) upon request by the SEC staff, the issuer or any shareholder of the issuer.
F2 These shares were sold in multiple transactions at prices ranging from $265.5700 to $266.5650 inclusive.
F3 These shares were sold in multiple transactions at prices ranging from $266.6300 to $267.4800 inclusive.
F4 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.