LaRue R Scott 4
4 · PIPER SANDLER COMPANIES · Filed Mar 3, 2020
Insider Transaction Report
Form 4
LaRue R Scott
Co-Head Global IB
Transactions
- Exercise/Conversion
Common Stock
2020-02-28+1,785→ 12,205 total - Gift
Common Stock
2020-02-28+903→ 58,360 total(indirect: By Trust) - Tax Payment
Common Stock
2020-02-28−882→ 11,323 total - Exercise/Conversion
Performance Share Unit
2020-02-28−2,379→ 0 totalExp: 2019-12-31→ Common Stock (2,379 underlying) - Gift
Common Stock
2020-02-28−903→ 10,420 total
Footnotes (3)
- [F1]Each performance share unit represented a contingent right to receive one share of PIPR common stock. The performance share units vested 50% based on attaining certain levels of adjusted return on equity and 50% based on relative total shareholder return within a group of peer companies, both as measured from January 1, 2017 through December 31, 2019.
- [F2]The reporting person made a bona fide gift to a revocable living trust as described in note 3 below.
- [F3]The shares are held through a revocable living trust, of which the reporting person is trustee and both the reporting person and the reporting person's spouse are beneficiaries.