Seese Scott 4
4 · LPL Financial Holdings Inc. · Filed Mar 1, 2021
Insider Transaction Report
Form 4
Seese Scott
Managing Director
Transactions
- Tax Payment
Common Stock
2021-02-25$132.10/sh−1,307$172,655→ 23,553 total - Sale
Common Stock
2021-02-26$130.23/sh−907$118,119→ 25,594 total - Award
Common Stock
2021-02-25+2,948→ 26,501 total
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 25, 2022, February 25, 2023, and February 25, 2024. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- [F2]The sale 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]Consists of (i) 18,372 shares of Common Stock; (ii) 1,364 restricted stock units that vest in full on February 25, 2022; (iii) 2,910 the restricted stock units that vest ratably on each of February 25, 2022, and February 25, 2023; and (iv) the restricted stock units reported on this Form 4.