SEC Form 4 · accession 0001230245-16-000277
PIPER SANDLER COMPANIES · PIPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Fitzgerald
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 1, 2016 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001230245
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2016 | A | 483 | — | A | 9,815 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person elected to defer receipt of quarterly director cash retainer fees resulting in the accrual to his account of 483 shares of phantom stock. The shares of phantom stock become payable, in common stock, on the last day of the year in which the reporting person's service as a director terminates.
- F2Includes 51 shares of phantom stock that were earned in connection with the deferral of first quarter committee cash retainer fees that were not previously attributed to the reporting person's account due to an administrative oversight.