Seese Scott 4
4 · LPL Financial Holdings Inc. · Filed Feb 27, 2020
Insider Transaction Report
Form 4
Seese Scott
Managing Director
Transactions
- Tax Payment
Common Stock
2020-02-25$84.48/sh−428$36,157→ 18,772 total - Award
Common Stock
2020-02-25+4,364→ 23,136 total
Footnotes (2)
- [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 25, 2021, February 25, 2022, and February 25, 2023. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F2]Consists of (i) 14,660 shares of Common Stock; (ii) 1,383 restricted stock units that vest in full on February 23, 2021; (iii) 2,729 restricted stock units that vest ratably on each of February 25, 2021 and February 25, 2022; and (iv) the restricted stock units reported on this Form 4.