Filing Details

Accession Number:
0001397911-17-000023
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-23 21:54:51
Reporting Period:
2017-02-22
Filing Date:
2017-02-23
Accepted Time:
2017-02-23 21:54:51
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
1548543 Burton George White C/O Lpl Financial Holdings Inc.
75 State Street, 22Nd Floor
Boston MA 02109
Md, Investor & Invstmt Solutns No Yes 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 2017-02-22 25,000 $27.40 46,445 No 4 M Direct
Common Stock Disposition 2017-02-22 25,000 $40.14 21,445 No 4 S Direct
Common Stock Disposition 2017-02-22 351 $40.16 21,094 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 F 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 2017-02-22 25,000 $0.00 25,000 $27.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-12-07 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $40.09 to $40.19, 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.
  2. Consists of (i) 5,086 shares of Common Stock; (ii) 867 restricted stock units that vest on February 24,2017; (iii) 2,660 restricted stock units that vest ratably on March 6, 2017, and March 6, 2018; (iv) 1,409 restricted stock units that will vest ratably on June 10, 2017 and June 10, 2018; (v) 7,961 restricted stock units that vest ratably on February 25, 2017, February 25, 2018, and February 25, 2019; and (vi) 3,111 restricted stock units that fully vest on February 25, 2019.
  3. This option became exercisable in five installments, beginning on December 7, 2008, which was the first anniversary of the date on which it was granted. The option became fully vested on December 7, 2012.