PIPER JAFFRAY COMPANIES 4
4 · PIPER JAFFRAY COMPANIES · Filed May 18, 2016
Insider Transaction Report
Form 4
Smith Thomas Gregory
Chief Strategy Officer
Transactions
- Award
Performance Share Unit
2016-05-16+5,018→ 5,018 totalExp: 2019-05-14→ Common Stock (5,018 underlying)
Footnotes (1)
- [F1]Each performance share unit represents a contingent right to receive one share of PJC common stock. The performance share units will vest based on attaining certain levels of shareholder return, with 50% based on relative total shareholder return within a group of peer companies and 50% based on absolute shareholder return, both as measured three years from the grant date.