LPL Financial Holdings Inc. 4
4 · LPL Financial Holdings Inc. · Filed Mar 10, 2015
Insider Transaction Report
Form 4
Helliker Mark
MD, B/D Support Services
Transactions
- Award
Common Stock
2015-03-06+2,634→ 7,001 total - Award
Option to purchase Common Stock
2015-03-06+18,445→ 18,445 totalExercise: $45.55Exp: 2025-03-06→ Common Stock (18,445 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 March 6, 2016, March 6, 2017 and March 6, 2018. Vested shares will be issued to the reporting person as soon as practicable after the applicable vesting date.
- [F2]Consists of (i) 1,338 shares of Common Stock; (ii) 1,661 restricted stock units that vest ratably on February 22, 2016 and February 22, 2017; (iii) 1,368 restricted stock units that vest ratably on February 24, 2016 and February 24, 2017; and (iv) the reported restricted stock units on this Form 4.
- [F3]This option becomes exercisable in three equal annual installments on each of March 6, 2016, March 6, 2017 and March 6, 2018.