Audette Matthew J 4
4 · LPL Financial Holdings Inc. · Filed Feb 7, 2025
Insider Transaction Report
Form 4
Audette Matthew J
President and CFO
Transactions
- Exercise/Conversion
Common Stock
2025-02-05$65.50/sh+15,874$1,039,747→ 29,537 total - Sale
Common Stock
2025-02-05$361.39/sh−2,900$1,048,031→ 37,367 total - Sale
Common Stock
2025-02-05$362.30/sh−300$108,690→ 37,067 total - Sale
Common Stock
2025-02-05$365.37/sh−5,260$1,921,846→ 28,560 total - Sale
Common Stock
2025-02-05$367.37/sh−3,173$1,165,665→ 15,080 total - Sale
Common Stock
2025-02-05$368.08/sh−1,417$521,569→ 13,663 total - Exercise/Conversion
Option to purchase Common Stock
2025-02-05−15,874→ 0 totalExercise: $65.50Exp: 2028-02-23→ Common Stock (15,874 underlying) - Exercise/Conversion
Common Stock
2025-02-05$77.53/sh+12,903$1,000,370→ 42,440 total - Sale
Common Stock
2025-02-05$364.37/sh−3,247$1,183,109→ 33,820 total - Sale
Common Stock
2025-02-05$366.40/sh−10,307$3,776,485→ 18,253 total - Gift
Common Stock
2025-02-06−900→ 12,763 total - Exercise/Conversion
Option to purchase Common Stock
2025-02-05−12,903→ 0 totalExercise: $77.53Exp: 2029-02-25→ Common Stock (12,903 underlying) - Sale
Common Stock
2025-02-05$360.00/sh−2,173$782,280→ 40,267 total
Footnotes (14)
- [F1]The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2024.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.99 to $368.27, 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 (10) to this Form 4.
- [F11]This transaction was a charitable gift of securities by the reporting person.
- [F12]Consists of (i) 8,427 shares of Common Stock; (ii) 795 restricted stock units that vest in full on February 25, 2025; (iii) 1,182 restricted stock units that vest ratably on each of February 25, 2025 and February 25, 2026; and (iv) 2,359 restricted stock units that vest ratably on each of February 25, 2025, February 25, 2026 and February 25, 2027.
- [F13]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.
- [F14]This option became exercisable in three installments, beginning February 25, 2020, which was the first anniversary of the date on which it was granted. The option became fully vested on February 25, 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 November 6, 2024.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.50 to $360.37, 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 $361.20 to $361.55, 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 (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 $362.20 to $362.36, 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 (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 $363.87 to $364.82, 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 $364.87 to $365.72, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $365.93 to $366.92, 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 (8) to this Form 4.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.93 to $367.92, 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 (9) to this Form 4.