4//SEC Filing
LPL Financial Holdings Inc. 4
Accession 0001397911-14-000040
$LPLACIK 0001397911operating
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:32 PM ET
Size
8.9 KB
Accession
0001397911-14-000040
Insider Transaction Report
Form 4
Bruton Derek
MD, National Sales Manager
Transactions
- Tax Payment
Common Stock
2014-02-22$54.25/sh−437$23,707→ 7,432 total - Award
Common Stock
2014-02-24+1,970→ 9,402 total - Award
Option to purchase common stock
2014-02-24+12,139→ 12,139 totalExercise: $54.81Exp: 2024-02-24→ Common Stock (12,139 underlying)
Footnotes (3)
- [F1]Consists of (i) 724 shares of Common Stock; (ii) 3,484 restricted stock units that vest ratably on February 22, 2015, February 22, 2016 and February 22, 2017; and (iii) 3,224 restricted stock units that vest in full on February 25, 2015.
- [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.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001397911
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:32 PM ET
- Size
- 8.9 KB