PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

Asset Management One Co., Ltd.'s Holding History (CIK: 0001068855)

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

Q2 2015

Shares 17,998 Value ($000) $785 Avg Close $49.91 Range $43.24 - $56.57

Q1 2015

Shares 52,450 Value ($000) $2,752 Avg Close $54.32 Range $49.78 - $58.88

Q4 2014

Shares 66,910 Value ($000) $3,887 Avg Close $54.91 Range $44.73 - $59.94

Q3 2014

Shares 60,794 Value ($000) $3,176 Avg Close $53.33 Range $49.24 - $56.91

Q2 2014

Shares 6,838 Value ($000) $354 Avg Close $45.02 Range $39.40 - $52.00

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	17,998	$785	$49.91	$43.24 - $56.57
Q1 2015	52,450	$2,752	$54.32	$49.78 - $58.88
Q4 2014	66,910	$3,887	$54.91	$44.73 - $59.94
Q3 2014	60,794	$3,176	$53.33	$49.24 - $56.91
Q2 2014	6,838	$354	$45.02	$39.40 - $52.00