SEC Form 4 · accession 0001397911-15-000159
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Gooley
Officer — MD, Svc, Trading & Operations
Period of report
Aug 6, 2015
Accepted (ET)
Aug 10, 2015 · 5:34 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 | Aug 6, 2015 | A | 6,858 | $0.00 | A | 6,858 | 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 | $43.74 | Aug 6, 2015 | A | 20,576 | A | — | Aug 6, 2025 | Common Stock | 20,576 | 20,576 | D |
Explanation of responses
- F1These 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 August 6, 2016, August 6, 2017 and August 6, 2018. Vested shares will be issued to the reporting person as soon as practicable after the applicable vesting date.
- F2This option becomes exercisable in three equal annual installments on each of August 6, 2016, August 6, 2017 and August 6, 2018.