RIEPE JAMES S 4
4 · LPL Financial Holdings Inc. · Filed Nov 25, 2019
Insider Transaction Report
Form 4
RIEPE JAMES S
Director
Transactions
- Award
Common Stock
2019-11-21+5→ 95,179 total - Award
Common Stock
2019-11-21+26→ 95,205 total
Holdings
- 35,971(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]Represents stock units granted under the Issuer's Amended and Restated 2010 Omnibus Equity Incentive Plan (the "2010 Plan"). Each stock unit represents the right to receive one share of common stock and is scheduled to vest in full on May 5, 2020. The reporting person was previously granted stock units that were subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan (the "DDCP"), which stock units are scheduled to vest in full on May 5, 2020. The stock units reported hereby were credited to the reporting person's DDCP account in connection with a quarterly cash dividend that was paid on shares of common stock.
- [F2]Represents stock units granted under the 2010 Plan. Each stock unit represents the right to receive one share of common stock and is fully vested. The reporting person was previously granted stock units that were subject to a written deferral election under the DDCP, which stock units are fully vested as of the date hereof. The stock units reported hereby were credited to the reporting person's DDCP account in connection with a quarterly cash dividend that was paid on shares of common stock.