Seese Scott 4
4 · LPL Financial Holdings Inc. · Filed Feb 27, 2018
Insider Transaction Report
Form 4
Seese Scott
Managing Director
Transactions
- Award
Common Stock
2018-02-23+4,153→ 26,301 total - Award
Option to purchase Common Stock
2018-02-23+12,850→ 12,850 totalExercise: $65.50Exp: 2028-02-23→ Common Stock (12,850 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 February 23, 2019, February 23, 2020 and February 23, 2021. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F2]Consists of (i) 22,148 restricted stock units that vest ratably on each of August 21, 2018 and August 21, 2019; and (ii) the restricted stock units reported in this Form 4.
- [F3]This option becomes exercisable in three equal annual installments on each of February 23, 2019, February 23, 2020 and February 23, 2021.