4//SEC Filing
LPL Financial Holdings Inc. 4
Accession 0001397911-14-000117
$LPLACIK 0001397911operating
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 5:23 PM ET
Size
9.2 KB
Accession
0001397911-14-000117
Insider Transaction Report
Form 4
Bergers David P.
MD, Legal & Gov't Relations
Transactions
- Tax Payment
Common Stock
2014-08-05$46.51/sh−516$23,999→ 44,797 total - Award
Common Stock
2014-08-05+5,375→ 50,172 total - Award
Option to purchase Common Stock
2014-08-05+15,039→ 15,039 totalExercise: $46.51Exp: 2024-08-05→ Common Stock (15,039 underlying)
Footnotes (3)
- [F1]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 August 5, 2015, August 5, 2016, August 5, 2017 and August 5, 2018. Vested shares will be issued to the reporting person as soon as practicable after the applicable vesting date.
- [F2]Consists of (i) 1,062 shares of Common Stock; (ii) 4,735 restricted stock units that vest ratably on August 5, 2015, August 5, 2016 and August 5, 2017; (iii) 37,878 restricted stock units that vest in full on August 5, 2015; (iv) 1,122 restricted stock units that vest ratably on February 24, 2015, February 24, 2016 and February 24, 2017; and (v) 5,375 restricted stock units that vest ratably on August 5, 2015, August 5, 2016, August 5, 2017 and August 5, 2018.
- [F3]This option will become exercisable in four equal annual installments on each of August 5, 2015, August 5, 2016, August 5, 2017 and August 5, 2018.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001397911
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 5:23 PM ET
- Size
- 9.2 KB