4//SEC Filing
Kalbaugh John Andrew 4
Accession 0001397911-20-000164
CIK 0001397911other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 4:35 PM ET
Size
22.8 KB
Accession
0001397911-20-000164
Insider Transaction Report
Form 4
Kalbaugh John Andrew
MD, Institution Services
Transactions
- Exercise/Conversion
Common Stock
2020-08-12$32.26/sh+7,317$236,046→ 43,357 total - Exercise/Conversion
Common Stock
2020-08-12$45.55/sh+10,790$491,484→ 54,147 total - Exercise/Conversion
Common Stock
2020-08-12$45.55/sh+17,984$819,171→ 72,131 total - Exercise/Conversion
Common Stock
2020-08-12$39.48/sh+14,676$579,408→ 86,807 total - Sale
Common Stock
2020-08-12$84.09/sh−29,668$2,494,782→ 57,139 total - Sale
Common Stock
2020-08-12$84.57/sh−21,099$1,784,342→ 36,040 total - Exercise/Conversion
Option to purchase Common Stock
2020-08-12−7,317→ 0 totalExercise: $32.26Exp: 2022-02-09→ Common Stock (7,317 underlying) - Exercise/Conversion
Option to purchase Common Stock
2020-08-12−10,790→ 0 totalExercise: $45.55From: 2018-03-06Exp: 2025-03-06→ Common Stock (10,790 underlying) - Exercise/Conversion
Option to purchase Common Stock
2020-08-12−17,984→ 0 totalExercise: $45.55Exp: 2025-03-06→ Common Stock (17,984 underlying) - Exercise/Conversion
Option to purchase Common Stock
2020-08-12−14,676→ 0 totalExercise: $39.48Exp: 2027-03-13→ Common Stock (14,676 underlying)
Footnotes (9)
- [F1]The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2020.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2020.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.34 to $84.33, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.34 to $85.19, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- [F5]Consists of (i) 30,946 shares of Common Stock; (ii) 941 restricted stock units that vest in full on February 23, 2021; (iii) 1,632 restricted stock units that vest ratably on each of February 25, 2021 and February 25, 2022; and (iv) 2,521 restricted stock units that vest ratably on each of February 25, 2021, February 25, 2022 and February 25, 2023.
- [F6]This option became exercisable in five installments, beginning February 9, 2013, which was the first anniversary of the date on which it was granted. The option became fully vested on February 9, 2017.
- [F7]This option became exercisable in full on March 6, 2018, which was the third anniversary of the date on which it was granted.
- [F8]This option became exercisable in three installments, beginning March 6, 2016, which was the first anniversary of the date on which it was granted. The option became fully vested on March 6, 2018.
- [F9]This option became exercisable in three installments, beginning March 13, 2018, which was the first anniversary of the date on which it was granted. The option became fully vested on March 13, 2020.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001548546
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 4:35 PM ET
- Size
- 22.8 KB