LPL Financial Holdings Inc. 4
4 · LPL Financial Holdings Inc. · Filed Mar 10, 2015
Insider Transaction Report
Form 4
Parker Ryan
MD, Invstmt & Planning Solutns
Transactions
- Award
Common Stock
2015-03-06+1,975→ 3,033 total - Award
Option to purchase Common Stock
2015-03-06+13,833→ 13,833 totalExercise: $45.55Exp: 2025-03-06→ Common Stock (13,833 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) 232 shares of Common Stock; (ii) 826 restricted stock units that vest ratably on February 24, 2016 and February 24, 2017; and (iii) 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.