4//SEC Filing
Morrissey William P. Jr. 4
Accession 0001397911-18-000009
CIK 0001397911other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 5:59 PM ET
Size
12.9 KB
Accession
0001397911-18-000009
Insider Transaction Report
Form 4
Morrissey William P. Jr.
MD, Independent Advisor Svcs
Transactions
- Sale
Common Stock
2018-02-05$60.57/sh−600$36,342→ 36,941 total - Sale
Common Stock
2018-02-05$63.09/sh−11,703$738,342→ 17,541 total - Exercise/Conversion
Option to purchase Common Stock
2018-02-05−20,000→ 0 totalExercise: $27.80Exp: 2018-02-05→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2018-02-05$27.80/sh+20,000$556,000→ 37,541 total - Sale
Common Stock
2018-02-05$62.38/sh−7,697$480,139→ 29,244 total
Footnotes (5)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 6, 2017.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $61.71 to $62.67, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc. ("Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $62.79 to $63.38, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- [F4]Consists of (i) 5,831 shares of Common Stock; (ii) 666 restricted stock units that vest in full on March 6, 2018; (iii) 4,465 restricted stock units that vest ratably on each of February 25, 2018 and February 25, 2019; (iv) 3,111 restricted stock units that vest in full on February 25, 2019; and (v) 3,468 restricted stock units that vest ratably on each of March 13, 2018, March 13, 2019 and March 13, 2020.
- [F5]This option became exercisable in five equal installments, beginning on February 5, 2009, which was the first anniversary of the date on which it was granted. The option became fully vested on February 5, 2013.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001606128
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 5:59 PM ET
- Size
- 12.9 KB