SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON
NASDAQ INTERDEALER QUOTATION SYSTEM
Filed Pursuant to Section~13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
Piper Jaffray Companies Inc.
(Exact name of issuer as specified in charter)
Piper Jaffray Tower,
222 South Ninth Street, Minneapolis, Minnesota 55402
(Address of principal executive offices)
Issuer's telephone number, including area code: (612) 342-6000
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the
number of shares outstanding:
1. Title of Security:
Common Stock, par value $1.00 per share
2. Number of shares outstanding before change:
8,388,734
3. Number of shares outstanding after change:
18,197,635
4. Effective date of change:
(a) December 7, 1993
(b) March 2, 1995; January 29, 1996
(c) December 19, 1991 - July 22, 1996
(d) December 19, 1991 - July 22, 1996
(e) July 22, 1996
5. Method of change:
(a) Two-for-one stock split on outstanding shares: 8,780,822
shares.
(b) Contribution of shares to Piper Jaffray Companies ESOP in
1995 and 1996: 645,787 and 534,188 shares, respectively
(c) Issuance of shares upon exercises of stock options, awards of
stock under employee benefit plans and purchases under the
employee stock purchase program: 618,158 shares.
(d) Repurchase of outstanding shares for future issuance upon
exercise of stock options, awards of stock under employee
benefit plans, and purchases under the employee stock purchase
program: 825,500 shares.
(e) Issuance of shares in the settlement of a bona fide
outstanding claim: 55,446 shares.
II. CHANGE IN NAME OF ISSUER
Not Applicable
Date: July 29, 1996
PIPER JAFFRAY COMPANIES INC.
By: /s/Deborah K. Roesler
Deborah K. Roesler
Chief Financial Officer and
Managing Director
M1:0157709.04
