Filing Details

Accession Number:
0001397911-21-000140
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-16 17:22:12
Reporting Period:
2021-06-14
Accepted Time:
2021-06-16 17:22:12
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
1712038 Scott Seese C/o Lpl Financial Holdings Inc.
4707 Executive Drive
San Diego CA 92121
Managing Director 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 Disposition 2021-06-14 1,415 $0.00 24,179 No 5 G Direct
Common Stock Acquisiton 2021-06-14 12,521 $65.50 36,700 No 4 M Direct
Common Stock Disposition 2021-06-14 12,521 $139.10 24,179 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G 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 2021-06-14 12,521 $0.00 12,521 $65.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
329 2028-02-23 No 4 M Direct
Footnotes
  1. This transaction was a charitable gift of securities by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.00 to $139.69, 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 range set forth in this footnote (2) to this Form 4.
  3. Consists of (i) 16,957 shares of Common Stock; (ii) 1,364 restricted stock units that vest in full on February 25, 2022; (iii) 2,910 restricted stock units that vest ratably on each of February 25, 2022 and February 25, 2023; and (iv) 2,948 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024.
  4. This option became exercisable in three installments, beginning February 23, 2019, which was the first anniversary of the date on which it was granted. The option became fully vested on February 23, 2021.