SEC Form 4 · accession 0001397911-15-000140
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey R. Buchheister
Officer — EVP, Chief Accounting Officer
Period of report
May 28, 2015
Accepted (ET)
Jun 1, 2015 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 28, 2015 | M | 13,360 | $2.38 | A | 16,199 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase Common StockF2 | $2.38 | May 28, 2015 | M | 13,360 | D | — | Jun 1, 2015 | Common Stock | 13,360 | 0 | D |
Explanation of responses
- F1Consists of (i) 14,162 shares of Common Stock; (ii) 369 restricted stock units that vest ratably on February 22, 2016 and February 22, 2017; (iii) 340 restricted stock units that vest ratably on February 24, 2016 and February 24, 2017; and (iv) 1,328 restricted stock units that vest ratably on March 6, 2016, March 6, 2017, and March 6,2018.
- F2This option, representing the right to purchase a total of 13,360 shares of common stock, became exercisable in two equal installments beginning on June 1, 2006, which was the first anniversary of the date on which it was granted, and became fully vested and exercisable on June 1, 2007.