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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2006-02-21 Option Award |
2006-02-23 4:03 pm | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 3,198 | $0 | $0 | 12,060 (Direct) | View |
| 2005-02-22 Option Award |
2005-02-24 4:07 pm | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 5,664 | $0 | $0 | 8,862 (Direct) |
View |
| 2004-02-12 Option Award(A) |
2004-05-12 10:59 am |
PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 3,198 | $0 | $0 | 3,198 (Direct) |
View |
| 2004-02-12 Option Award |
2004-02-17 8:00 pm | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 3,185 | $0 | $0 | 3,185 (Direct) |
View |
| Transaction & Date |
Reported Date |
Exercisable Expiration | Company | Symbol | Insider Relationship |
Shares Traded | Conversion Price |
Shares Ownership |
Filing |
| 2006-02-21 Option Award | 2006-02-23 4:03 pm |
2009-02-21 2016-02-21 | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 1,220 | $47.85 | 1,220 (Direct) | View |
| 2005-02-22 Option Award | 2005-02-24 4:07 pm |
2008-02-22 2015-02-22 | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 2,292 | $39.62 | 2,292 (Direct) |
View |
| 2004-02-12 Option Award | 2004-05-12 10:59 am |
2007-02-12 2014-02-12 | PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 1,695 | $47.3 | 1,695 (Direct) | View |
| 2004-02-12 Option Award | 2004-02-17 8:00 pm | 2007-02-12 2014-02-12 |
PIPER JAFFRAY COMPANIES | PJC | SPONEM SANDRA G (Chief Financial Officer) | 1,649 | $47.5 | 1,649 (Direct) |
View |
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