4//SEC Filing
Kalbaugh John Andrew 4
Accession 0001397911-21-000011
CIK 0001397911other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 6:15 PM ET
Size
15.4 KB
Accession
0001397911-21-000011
Insider Transaction Report
Form 4
Kalbaugh John Andrew
MD, Institution Services
Transactions
- Gift
Common Stock
2020-12-11−3,048→ 32,992 total - Exercise/Conversion
Common Stock
2021-02-10$54.81/sh+12,476$683,810→ 45,468 total - Sale
Common Stock
2021-02-10$126.68/sh−2,301$291,491→ 43,167 total - Sale
Common Stock
2021-02-10$127.45/sh−7,499$955,748→ 35,668 total - Sale
Common Stock
2021-02-10$128.31/sh−8,184$1,050,089→ 27,484 total - Exercise/Conversion
Option to purchase Common Stock
2021-02-10−12,476→ 0 totalExercise: $54.81Exp: 2024-02-24→ Common Stock (12,476 underlying)
Footnotes (8)
- [F1]This transaction was a charitable gift of securities by the reporting person.
- [F2]The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2020.
- [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2020.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.055 to $127.05, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.055 to $128.045, 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 (5) to this Form 4.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.065 to $128.72, 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 (6) to this Form 4.
- [F7]Consists of (i) 22,390 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.
- [F8]This option became exercisable in three installments, beginning February 24, 2015, which was the first anniversary of the date on which it was granted, The option became fully vested on February 24, 2017.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001548546
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 6:15 PM ET
- Size
- 15.4 KB