Debbra L. Schoneman - 13 Feb 2025 Form 4 Insider Report for PIPER SANDLER COMPANIES (PIPR)

Role
President
Signature
/s/ James Grant for Debbra L. Schoneman
Issuer symbol
PIPR
Transactions as of
13 Feb 2025
Net transactions value
-$3,006,758
Form type
4
Filing time
14 Feb 2025, 16:12:17 UTC
Previous filing
04 Feb 2025
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIPR Common Stock Options Exercise $1,485,000 +15,000 +391% $99.00 18,837 13 Feb 2025 Direct
transaction PIPR Common Stock Sale $1,145,618 -3,845 -20% $297.95 14,992 13 Feb 2025 Direct F1
transaction PIPR Common Stock Sale $438,064 -1,465 -9.8% $299.02 13,527 13 Feb 2025 Direct F2
transaction PIPR Common Stock Sale $2,816,138 -9,384 -69% $300.10 4,143 13 Feb 2025 Direct F3
transaction PIPR Common Stock Sale $91,938 -306 -7.4% $300.45 3,837 13 Feb 2025 Direct F4
holding PIPR Common Stock 51,386 13 Feb 2025 Through Living Trust

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 -15,000 -46% $0.000000 17,667 13 Feb 2025 Common Stock 15,000 $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 (4) were sold in multiple transactions at the price ranges provided in footnotes (1) through (4). These shares in footnote (1) were sold in multiple transactions at prices ranging from $296.9800 to $297.9500 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 (4) 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 $298.0750 to $299.0200 inclusive.
F3 These shares were sold in multiple transactions at prices ranging from $299.1001 to $300.1000 inclusive.
F4 These shares were sold in multiple transactions at prices ranging from $300.1500 to $300.4450 inclusive.