Seese Scott 4
4 · LPL Financial Holdings Inc. · Filed Jun 16, 2021
Insider Transaction Report
Form 4
Seese Scott
Managing Director
Transactions
- Gift
Common Stock
2021-06-14−1,415→ 24,179 total - Sale
Common Stock
2021-06-14$139.10/sh−12,521$1,741,671→ 24,179 total - Exercise/Conversion
Option to purchase Common Stock
2021-06-14−12,521→ 329 totalExercise: $65.50Exp: 2028-02-23→ Common Stock (12,521 underlying) - Exercise/Conversion
Common Stock
2021-06-14$65.50/sh+12,521$820,126→ 36,700 total
Footnotes (4)
- [F1]This transaction was a charitable gift of securities by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.00 to $139.69, 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 (2) to this Form 4.
- [F3]Consists of (i) 16,957 shares of Common Stock; (ii) 1,364 restricted stock units that vest in full on February 25, 2022; (iii) 2,910 restricted stock units that vest ratably on each of February 25, 2022 and February 25, 2023; and (iv) 2,948 restricted stock units that vest ratably on each of February 25, 2022, February 25, 2023 and February 25, 2024.
- [F4]This option became exercisable in three installments, beginning February 23, 2019, which was the first anniversary of the date on which it was granted. The option became fully vested on February 23, 2021.