PIPER SANDLER COMPANIES

Ticker: PIPR CUSIP: 724078100 Class: EQTY

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001536186)

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

Q1 2016
Shares 6,987 Value ($000) $346 Avg Close $40.50 Range $31.66 - $50.66
Q4 2015
Shares 7,400 Value ($000) $299 Avg Close $38.33 Range $33.17 - $42.95