4//SEC Filing
White George Burton 4
Accession 0001397911-21-000120
CIK 0001397911other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 4:55 PM ET
Size
25.4 KB
Accession
0001397911-21-000120
Insider Transaction Report
Form 4
White George Burton
MD, Chief Investment Officer
Transactions
- Exercise/Conversion
Common Stock
2021-05-12$31.60/sh+25,210$796,636→ 63,102 total - Exercise/Conversion
Common Stock
2021-05-12$45.55/sh+27,936$1,272,485→ 91,038 total - Sale
Common Stock
2021-05-12$143.16/sh−4,150$594,114→ 86,888 total - Sale
Common Stock
2021-05-12$145.37/sh−3,535$513,883→ 82,476 total - Sale
Common Stock
2021-05-12$147.17/sh−18,423$2,711,313→ 46,273 total - Sale
Common Stock
2021-05-12$148.32/sh−4,280$634,810→ 41,993 total - Sale
Common Stock
2021-05-12$149.33/sh−1,563$233,403→ 40,430 total - Exercise/Conversion
Option to purchase Common Stock
2021-05-12−25,210→ 0 totalExercise: $31.60Exp: 2023-02-22→ Common Stock (25,210 underlying) - Exercise/Conversion
Option to purchase Common Stock
2021-05-12−27,936→ 0 totalExercise: $45.55Exp: 2025-03-06→ Common Stock (27,936 underlying) - Sale
Common Stock
2021-05-12$144.28/sh−877$126,534→ 86,011 total - Sale
Common Stock
2021-05-12$146.40/sh−17,780$2,602,992→ 64,696 total
Footnotes (12)
- [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 March 12, 2021.
- [F10]Consists of (i) 35,017 shares of Common Stock; (ii) 988 restricted stock units that vest in full on February 25, 2022; (iii) 1,968 restricted stock units that vest ratably on each of February 25, 2022 and February 25, 2023; and (iv) 2,457 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024.
- [F11]This option became exercisable in four installments, beginning February 22, 2014, which was the first anniversary of the date on which it was granted. The option became fully vested on February 22, 2017.
- [F12]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.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2021.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $142.64 to $143.60, 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 $143.69 to $144.63, 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 $144.76 to $145.75, 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 $145.76 to $146.71, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.77 to $147.74, 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 (7) to this Form 4.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.84 to $148.71, 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 (8) to this Form 4.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.84 to $149.82, 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 (9) to this Form 4.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001548543
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 4:55 PM ET
- Size
- 25.4 KB