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Filing Details

Accession Number:: 0001397911-19-000145
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-09-12 17:21:41
Reporting Period:: 2019-09-10

Accepted Time:: 2019-09-12 17:21:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1397911	Lpl Financial Holdings Inc.	LPLA	Security & Commodity Brokers, Dealers, Exchanges & Services (6200)	203717839

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1548546	Andrew John Kalbaugh	C/O Lpl Financial Holdings Inc. 75 State Street, 22Nd Floor Boston MA 02109	Managing Director	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-09-10	3,289	$19.85	24,096	No	4	M	Direct
Common Stock	Acquisiton	2019-09-10	12,120	$32.26	36,216	No	4	M	Direct
Common Stock	Acquisiton	2019-09-10	16,711	$34.61	52,927	No	4	M	Direct
Common Stock	Disposition	2019-09-10	31,840	$80.27	21,087	No	4	S	Direct
Common Stock	Disposition	2019-09-10	280	$81.07	20,807	No	4	S	Direct
Common Stock	Acquisiton	2019-09-11	2,889	$34.61	23,696	No	4	M	Direct
Common Stock	Acquisiton	2019-09-11	6,198	$32.26	29,894	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Option to purchase Common Stock	Disposition	2019-09-10	3,289	$0.00	3,289	$19.85
Common Stock	Option to purchase Common Stock	Disposition	2019-09-10	12,120	$0.00	12,120	$32.26
Common Stock	Option to purchase Common Stock	Disposition	2019-09-10	16,711	$0.00	16,711	$34.61
Common Stock	Option to purchase Common Stock	Disposition	2019-09-11	2,889	$0.00	2,889	$34.61
Common Stock	Option to purchase Common Stock	Disposition	2019-09-11	6,198	$0.00	6,198	$32.26

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
64,380	2026-02-25	No	4	M	Direct
13,515	2022-02-09	No	4	M	Direct
2,889	2020-12-22	No	4	M	Direct
0	2020-12-22	No	4	M	Direct
7,317	2022-02-09	No	4	M	Direct

Footnotes

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 June 14, 2019.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.98, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.04 to $81.09, 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.
Consists of (i) 24,165 shares of Common Stock; (ii) 1,397 restricted stock units that vest in full on March 13, 2020; (iii) 1,884 restricted stock units that vest ratably on each of February 23, 2020 and February 23, 2021; and (iv) 2,448 restricted stock units that vest ratably on each of February 25, 2020, February 25, 2021 and February 25, 2022.
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.
This option became exercisable in five installments, beginning February 9, 2013, which was the first anniversary of the date on which it was granted. The option became fully vested on February 9, 2017.
This option became exercisable in five installments, beginning December 22, 2011, which was the first anniversary of the date on which it was granted. The option became fully vested on December 22, 2015.