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4//SEC Filing

Arnold Dan H. 4

Accession 0001397911-24-000099

CIK 0001397911other

Filed

Jun 17, 8:00 PM ET

Accepted

Jun 18, 4:13 PM ET

Size

9.9 KB

Accession

0001397911-24-000099

Insider Transaction Report

Form 4
Period: 2024-06-14
Arnold Dan H.
MD & Div. President, FIS
Transactions
  • Exercise/Conversion

    Common Stock

    2024-06-14$39.48/sh+10,000$394,800148,284.94 total
  • Exercise/Conversion

    Option to purchase Common Stock

    2024-06-1410,00047,603 total
    Exercise: $39.48Exp: 2027-03-13Common Stock (10,000 underlying)
  • Sale

    Common Stock

    2024-06-14$277.31/sh5,677$1,574,289142,607.94 total
Footnotes (5)
  • [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 March 13, 2024.
  • [F2]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2024.
  • [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.31 to $277.36, 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]Consists of (i) 118,172.94 shares of Common Stock; (ii) 3,919 restricted stock units that vest in full on February 25, 2025; (iii) 7,764 restricted stock units that vest ratably on each of February 25, 2025 and February 25, 2026; and (iv) 12,752 restricted stock units that vest ratably on each of February 25, 2025, February 25, 2026 and February 25, 2027.
  • [F5]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.

Issuer

LPL Financial Holdings Inc.

CIK 0001397911

Entity typeother

Related Parties

1
  • filerCIK 0001487487

Filing Metadata

Form type
4
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 4:13 PM ET
Size
9.9 KB