Filing Details

Accession Number:
0001397911-17-000009
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-15 21:42:02
Reporting Period:
2017-02-13
Filing Date:
2017-02-15
Accepted Time:
2017-02-15 21:42:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1397911 Lpl Financial Holdings Inc. LPLA Security & Commodity Brokers, Dealers, Exchanges & Services (6200) 203717839
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1405275 S Mark Casady C/O Lpl Financial Holdings Inc.
75 State Street, 22Nd Floor
Boston MA 02109
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-02-13 62,640 $22.08 193,597 No 4 M Direct
Common Stock Disposition 2017-02-13 62,640 $40.84 130,957 No 4 S Direct
Common Stock Acquisiton 2017-02-14 57,360 $22.08 188,317 No 4 M Direct
Common Stock Acquisiton 2017-02-14 147,111 $34.61 335,428 No 4 M Direct
Common Stock Disposition 2017-02-14 204,471 $40.65 130,957 No 4 S Direct
Common Stock Acquisiton 2017-02-15 2,889 $34.61 133,846 No 4 M Direct
Common Stock Acquisiton 2017-02-15 186,439 $32.26 320,285 No 4 M Direct
Common Stock Acquisiton 2017-02-15 175,885 $31.60 496,170 No 4 M Direct
Common Stock Disposition 2017-02-15 365,213 $40.76 130,957 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option to purchase Common Stock Disposition 2017-02-13 62,640 $0.00 62,640 $22.08
Common Stock Option to purchase Common Stock Disposition 2017-02-14 57,360 $0.00 57,360 $22.08
Common Stock Option to purchase Common Stock Disposition 2017-02-14 147,111 $0.00 147,111 $34.61
Common Stock Option to purchase Common Stock Disposition 2017-02-15 2,889 $0.00 2,889 $34.61
Common Stock Option to purchase Common Stock Disposition 2017-02-15 186,439 $0.00 186,439 $32.26
Common Stock Option to purchase Common Stock Disposition 2017-02-15 175,885 $0.00 175,885 $31.60
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
57,360 2019-09-14 No 4 M Direct
0 2019-09-14 No 4 M Direct
2,889 2020-12-22 No 4 M Direct
0 2020-12-22 No 4 M Direct
0 2022-02-09 No 4 M Direct
58,628 2023-02-22 No 4 M Direct
Footnotes
  1. Includes 67,086 shares previously reported by the Reporting Person as indirectly held by the Mark S. Casady 2014 Grantor Retained Annuity Trust.
  2. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $40.62 to $41.17, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $40.22 to $40.89, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $40.34 to $41.01, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
  5. This option became exercisable in five installments, beginning on September 14, 2010, which was the first anniversary of the date on which it was granted. The option became fully vested on September 14, 2014.
  6. The option became exercisable in five installments, beginning on December 22, 2011, which was the first anniversary of the date on which it was granted. The option became fully vested on December 22, 2015.
  7. This option became exercisable in five installments, beginning on February 9, 2013, which was the first anniversary of the date on which it was granted. The option became fully vested on February 9, 2017.
  8. The option became exercisable in five installments, beginning on February 22, 2014, which was the first anniversary of the date on which it was granted. The remaining 58,628 options will become fully vested on February 22, 2017.