SEC Form 4 · accession 0001397911-16-000327

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

Jun 13, 2016

Accepted (ET)

Jun 15, 2016 · 4:43 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 Stock^F1,F2	Jun 13, 2016	A	2,928	$0.00	A	18,387	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 Stock^F3	$24.38	Jun 13, 2016	A	23,907	A	—	Jun 13, 2026	Common Stock	23,907	23,907	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 June 13, 2017, June 13, 2018 and June 13, 2019. Vested shares will be issued to the reporting person as soon as practicable after the applicable vesting date.
F2Consists of (i) 6,858 restricted stock units that vest ratably on each of August 6, 2016, August 6, 2017 and August 6, 2018; (ii) 5,490 restricted stock units that vest ratably on each of February 25, 2017, February 25, 2018 and February 25, 2019; (iii) 3,111 restricted stock units that vest in full on February 25, 2019; and (iv) the restricted stock units reported on this Form 4.
F3This option becomes exercisable in three equal annual installments on each of June 13, 2017, June 13, 2018 and June 13, 2019.

Remarks

The signatory is filing on behalf of Thomas Gooley pursuant to a Power of Attorney dated June 25, 2015, which was previously filed with the Commission.