4//SEC Filing
Larsen Sallie R. 4
Accession 0001397911-23-000016
CIK 0001397911other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:34 PM ET
Size
13.7 KB
Accession
0001397911-23-000016
Insider Transaction Report
Form 4
Larsen Sallie R.
MD, Chief Human Cap. Officer
Transactions
- Exercise/Conversion
Common Stock
2023-02-13$31.60/sh+20,519$648,400→ 45,074 total - Sale
Common Stock
2023-02-13$240.88/sh−1,881$453,095→ 43,193 total - Sale
Common Stock
2023-02-13$241.76/sh−12,828$3,101,297→ 30,365 total - Sale
Common Stock
2023-02-13$242.33/sh−5,810$1,407,937→ 24,555 total - Exercise/Conversion
Option to purchase Common Stock
2023-02-13−20,519→ 0 totalExercise: $31.60Exp: 2023-02-22→ Common Stock (20,519 underlying)
Footnotes (7)
- [F1]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 12, 2022.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.17 to $241.08, 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 $241.19 to $242.18, 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 $242.19 to $242.75, 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]Consists of (i) 21,080 shares of Common Stock; (ii) 759 restricted stock units that vest in full on February 25, 2023; (iii) 1,354 restricted stock units that vest ratably on each of February 25, 2023 and February 25, 2024; and (iv) 1,362 restricted stock units that vest ratably on each of February 25, 2023, February 25, 2024 and February 25, 2025.
- [F7]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.
Documents
Issuer
LPL Financial Holdings Inc.
CIK 0001397911
Entity typeother
Related Parties
1- filerCIK 0001548541
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:34 PM ET
- Size
- 13.7 KB