LPL Financial Holdings Inc. 4
4 · LPL Financial Holdings Inc. · Filed Feb 19, 2014
Insider Transaction Report
Form 4
Bruton Derek
MD, National Sales Manager
Transactions
- Sale
Common Stock
2014-02-14$53.21/sh−16,000$851,360→ 7,869 total - Exercise/Conversion
Common Stock
2014-02-14$22.08/sh+16,000$353,280→ 23,869 total - Exercise/Conversion
Option to purchase common stock
2014-02-14−16,000→ 24,000 totalExercise: $22.08Exp: 2019-09-14→ Common Stock (16,000 underlying)
Footnotes (2)
- [F1]Consists of (i) 4,645 restricted stock units that vest ratably over four years beginning on February 22, 2014 and (ii) 3,224 restricted stock units that vest in full on February 25, 2015.
- [F2]This option is currently exercisable as to 16,000 shares. The remaining 8,000 shares shall become exercisable on September 14, 2014.