4//SEC Filing
White George Burton 4
Accession 0001397911-22-000007
CIK 0001397911other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 5:07 PM ET
Size
22.3 KB
Accession
0001397911-22-000007
Insider Transaction Report
Form 4
White George Burton
MD, Chief Investment Officer
Transactions
- Exercise/Conversion
Common Stock
2022-02-07$65.50/sh+9,448$618,844→ 121,056 total - Sale
Common Stock
2022-02-07$180.12/sh−14,184$2,554,822→ 112,812 total - Sale
Common Stock
2022-02-07$182.80/sh−4,534$828,815→ 46,628 total - Exercise/Conversion
Common Stock
2022-02-07$77.53/sh+5,940$460,528→ 126,996 total - Sale
Common Stock
2022-02-07$181.14/sh−50,735$9,190,138→ 62,077 total - Exercise/Conversion
Option to purchase Common Stock
2022-02-07−5,940→ 2,969 totalExercise: $77.53Exp: 2029-02-25→ Common Stock (5,940 underlying) - Sale
Common Stock
2022-02-07$182.08/sh−10,915$1,987,403→ 51,162 total - Exercise/Conversion
Option to purchase Common Stock
2022-02-07−64,980→ 0 totalExercise: $19.85Exp: 2026-02-25→ Common Stock (64,980 underlying) - Exercise/Conversion
Option to purchase Common Stock
2022-02-07−9,448→ 0 totalExercise: $65.50Exp: 2028-02-23→ Common Stock (9,448 underlying) - Exercise/Conversion
Common Stock
2022-02-07$19.85/sh+64,980$1,289,853→ 111,608 total
Footnotes (8)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.59 to $180.58, 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 (1) to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.59 to $181.58, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.59 to $182.55, 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 $182.60 to $183.15, 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) 41,215 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.
- [F6]This option became exercisable in three installments, beginning February 25, 2017, which was the first anniversary of the date on which it was granted. The option became fully vested on February 25, 2019.
- [F7]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.
- [F8]This option became exercisable as to 2,970 shares on each of February 25, 2020 and February 25, 2021, and will become exercisable as to the remaining 2,969 shares on February 25, 2022.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001548543
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 5:07 PM ET
- Size
- 22.3 KB