Filing Details

Accession Number:
0001397911-22-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-01 18:10:44
Reporting Period:
2022-02-25
Accepted Time:
2022-03-01 18:10:44
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
1548541 R. Sallie Larsen 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 Acquisiton 2022-02-25 5,186 $0.00 14,648 No 4 A Direct
Common Stock Disposition 2022-02-25 2,764 $182.73 11,884 No 4 F Direct
Common Stock Acquisiton 2022-02-25 1,362 $0.00 13,246 No 4 A Direct
Common Stock Disposition 2022-02-28 4,506 $177.77 8,740 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2019. The granted PSUs were eligible to become earned PSUs based on the Issuer's total stockholder return ("TSR") relative to the TSR of a predetermined comparator group over a three-year performance period ending December 31, 2021. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 200% of the reporting person's target award.
  2. These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest ratably on each of February 25, 2023, February 25, 2024, and February 25, 2025. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
  3. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2021.
  4. Consists of (i) 5,265 shares of Common Stock; (ii) 759 restricted stock units that vest in full on February 25, 2023; (iii) 1,354 restricted stock units that vest ratably on each of February 25, 2023 and February 25, 2024; and (iv) the restricted stock units reported on this Form 4.