PIPER JAFFRAY COMPANIES 4
4 · PIPER JAFFRAY COMPANIES · Filed May 24, 2017
Insider Transaction Report
Form 4
Fairman Francis E IV
Head, Public Finance Services
Transactions
- Exercise/Conversion
Common Stock
2017-05-22+8,540→ 61,586 total - Exercise/Conversion
Performance Share Unit
2017-05-22−8,540→ 0 totalExp: 2017-05-15→ Common Stock (8,540 underlying) - Tax Payment
Common Stock
2017-05-22−4,117→ 57,469 total
Footnotes (1)
- [F1]Each performance share unit represented a contingent right to receive one share of PJC common stock. The performance share units vested 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 total shareholder return, both as measured three years from the date of grant.