Piper Sandler Announces Grants of Inducement Equity Awards
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Business Wire
MINNEAPOLIS--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank and institutional securities firm, today announced that its board of directors has approved the grant of equity awards under the Piper Sandler Companies 2020 employment inducement award plan (the “Inducement Plan”) in connection with Piper Sandler’s acquisition of The Valence Group (the “Valence Group”).Under the terms of the acquisition, Piper Sandler will grant $5 million payable in restricted shares of Piper Sandler common stock to seven current Valence Group employees who will become Piper Sandler employees following the acquisition. The restricted stock granted will be issued immediately following the closing of the acquisition pursuant to the Inducement Plan and will be subject to the terms and conditions of the applicable award agreements entered into between Piper Sandler and each recipient. The restricted stock will be valued based upon the volume-weighted average per-share closi
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PIPR
Earnings
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PIPR
Sec Filings
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- PIPR's page on the SEC website