LPL Financial Holdings Inc. 4
4 · LPL Financial Holdings Inc. · Filed Feb 25, 2014
Insider Transaction Report
Form 4
Helliker Mark
MD, B/D Support Services
Transactions
- Award
Common Stock
2014-02-24+2,052→ 5,010 total - Tax Payment
Common Stock
2014-02-22$54.25/sh−364$19,747→ 2,958 total - Award
Option to purchase common stock
2014-02-24+12,645→ 12,645 totalExercise: $54.81Exp: 2024-02-24→ Common Stock (12,645 underlying)
Footnotes (3)
- [F1]Consists of (i) 466 shares of Common Stock and (ii) 2,492 restricted stock units that vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017.
- [F2]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 24, 2015, February 24, 2016 and February 24, 2017. Vested shares will be issued to the reporting person as soon as practicable after the applicable vesting date.
- [F3]This option becomes exercisable in three equal annual installments on each of February 24, 2015, February 24, 2016 and February 24, 2017.