PIPER JAFFRAY COMPANIES (NYSE:PJC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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PIPER JAFFRAY COMPANIES (NYSE:PJC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December27, 2017, Piper Jaffray Companies (the “Company”) announced that, upon recommendation of the Nominating and Governance Committee of the Board of Directors (the “Board”) of the Company, Chad R. Abraham was appointed as a member of the Board for an initial term beginning on January1, 2018 (the “Effective Date”) and expiring at the Company’s 2018 annual meeting of shareholders. In connection with Mr.Abraham’s appointment, the Board increased the size of the Board by one, to ten directors. As previously announced, Mr.Abraham will also assume the role of Chief Executive Officer of the Company on the Effective Date.

There are no arrangements or understandings between Mr.Abraham and any other persons to which Mr.Abraham was selected as a director of the Company. There are no relationships or related transactions between Mr.Abraham and the Company that would be required to be reported under Item 404(a)of Regulation S-K. As an employee director, Mr.Abraham will not serve on any committees of the Board and will not receive any additional compensation for his service as a member of the Board.

Item 7.01. Regulation FD Disclosure.

On December27, 2017, the Company issued a press release announcing the event discussed in Item 5.02 above, the text of which is furnished as Exhibit99 hereto. The information contained in this Item 7.01 and Exhibit99 is being furnished, and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under Section18 of the Exchange Act. Furthermore, the information contained in this Item 7.01 and Exhibit99 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99 Press Release dated December27, 2017.


PIPER JAFFRAY COMPANIES Exhibit
EX-99 2 a17-28857_1ex99.htm EX-99 Exhibit 99   Piper Jaffray Companies 800 Nicollet Mall,…
To view the full exhibit click here

About PIPER JAFFRAY COMPANIES (NYSE:PJC)

Piper Jaffray Companies is an investment bank and asset management company, which serves the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the United States and internationally. The Company provides products and services, including equity and debt capital markets products, financial advisory services, equity and fixed income institutional brokerage, equity and fixed income research, and asset management services. Its segments include Capital Markets and Asset Management. The Capital Markets segment provides investment banking and institutional sales, trading and research services for various equity and fixed income products. The Capital Markets segment also includes the alternative asset management funds and its principal investments. The Asset Management segment includes its traditional asset management business and its investments in registered funds and private funds or partnerships that it manages.