SEC Form 4 · accession 0001230245-17-000007
PIPER SANDLER COMPANIES · PIPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew S Duff
Officer — Chairman and CEO · Director
Period of report
Feb 3, 2017
Accepted (ET)
Feb 6, 2017 · 5:05 pm EST
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 Stock | Feb 3, 2017 | M | 9,641 | $70.13 | A | 253,878 | D | |
| Common StockF1 | Feb 3, 2017 | S | 9,641 | $75.3527 | D | 244,237 | D | |
| Common Stock | holding | — | — | — | 10 | I | By minor children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $70.13 | Feb 3, 2017 | M | 9,641 | D | Feb 15, 2007 | Feb 15, 2017 | Common Stock | 9,641 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.0750 to $75.95 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 this footnote upon request by the SEC staff, the issuer or any shareholder of the issuer.