PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

MACKAY SHIELDS LLC's Holding History (CIK: 0000061227)

Note: Option positions (PUT/CALL) are excluded.

Q1 2021

Shares 9,600 Value ($000) $1,053 Avg Close $106.08 Range $90.84 - $124.03

Q4 2020

Shares 15,900 Value ($000) $1,605 Avg Close $90.71 Range $71.64 - $106.17

Q4 2019

Shares 26,600 Value ($000) $2,127 Avg Close $77.47 Range $68.93 - $82.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2021	9,600	$1,053	$106.08	$90.84 - $124.03
Q4 2020	15,900	$1,605	$90.71	$71.64 - $106.17
Q4 2019	26,600	$2,127	$77.47	$68.93 - $82.55