PIPER JAFFRAY COMPANIES 4
4 · PIPER JAFFRAY COMPANIES · Filed Jun 2, 2016
Insider Transaction Report
Form 4
Fairman Francis E IV
Head, Public Finance Services
Transactions
- Exercise/Conversion
Performance Share Unit
2016-05-31−9,381→ 0 totalExp: 2016-05-15→ Common Stock (9,381 underlying) - Exercise/Conversion
Common Stock
2016-05-31+9,381→ 66,692 total - Tax Payment
Common Stock
2016-05-31−4,522→ 62,170 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.