Arnold Dan H. 4
4 · LPL Financial Holdings Inc. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Arnold Dan H.
MD & Div. President, FIS
Transactions
- Sale
Common Stock
2024-02-20$258.27/sh−1,200$309,924→ 137,243.94 total - Exercise/Conversion
Common Stock
2024-02-20$39.48/sh+10,000$394,800→ 147,043.94 total - Sale
Common Stock
2024-02-20$255.19/sh−2,924$746,176→ 144,119.94 total - Gift
Common Stock
2024-02-20−3,875→ 133,168.94 total - Sale
Common Stock
2024-02-20$259.47/sh−200$51,894→ 137,043.94 total - Sale
Common Stock
2024-02-20$256.19/sh−4,172$1,068,825→ 139,947.94 total - Exercise/Conversion
Option to purchase Common Stock
2024-02-20−10,000→ 67,603 totalExercise: $39.48Exp: 2027-03-13→ Common Stock (10,000 underlying) - Sale
Common Stock
2024-02-20$257.11/sh−1,504$386,693→ 138,443.94 total
Footnotes (10)
- [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 November 20, 2023.
- [F10]This option became exercisable in three installments, beginning March 13, 2018, which was the first anniversary of the date on which it was granted. The option became fully vested on March 13, 2020.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2023.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.68 to $255.64, 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 $255.72 to $256.70, 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 $256.76 to $257.54, 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 $257.80 to $258.74, 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 (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 $259.46 to $259.47, 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]This transaction was a charitable gift of securities by the reporting person.
- [F9]Consists of (i) 108,770.94 shares of Common Stock; (ii) 4,915 restricted stock units that vest in full on February 25, 2024; (iii) 7,837 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iv) 11,646 restricted stock units that vest ratably on each of February 25, 2024, February 25, 2025 and February 25, 2026.