Filing Details
- Accession Number:
- 0001397911-23-000036
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-28 18:35:43
- Reporting Period:
- 2023-02-25
- Accepted Time:
- 2023-02-28 18:35:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1548541 | R. Sallie Larsen | C/O Lpl Financial Holdings Inc. 4707 Executive Drive San Diego CA 92121 | Managing Director | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-02-25 | 6,830 | $0.00 | 31,385 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-02-25 | 4,281 | $247.30 | 27,104 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-02-25 | 2,531 | $0.00 | 29,635 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-02-27 | 4,439 | $248.13 | 25,196 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- Represents shares of Common Stock received upon vesting of performance stock units ("PSUs") that were granted on February 25, 2020. The granted PSUs were eligible to become earned PSUs based on the Issuer's total stockholder return ("TSR") relative to the TSR of a predetermined comparator group over a three-year performance period ending December 31, 2022. Based on the Issuer's TSR relative to this peer group, PSUs were earned at 200% of the reporting person's target award.
- These shares represent restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. These restricted stock units will vest ratably on each of February 25, 2024, February 25, 2025, and February 25, 2026. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022.
- Consists of (i) 21,080 shares of Common Stock; (ii) 677 restricted stock units that vest in full on February 25, 2024; (iii) 908 restricted stock units that vest ratably on each of February 25, 2024 and February 25, 2025; and (iv) the restricted stock units reported on this Form 4.
Billionaire Hedge Funds
