SEC Form 4 · accession 0001397911-16-000362
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Viet D Dinh
Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 16, 2016 · 6:49 pm EST
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 StockF2 | Nov 1, 2016 | G | 4,844 | $0.00 | D | 2,948 | D | |
| Common Stock | Nov 1, 2016 | G | 4,844 | $0.00 | A | 4,844 | I | Held by reporting person's spouse. |
| Common Stock | Nov 3, 2016 | J | 4,844 | $0.00 | D | 0 | I | Held by reporting person's spouse. |
| Common Stock | Nov 3, 2016 | J | 4,844 | $0.00 | A | 4,844 | I | Held through GRAT |
| Common StockF4 | Dec 14, 2016 | A | 3,468 | $0.00 | A | 6,416 | D | |
| Common StockF5 | Dec 14, 2016 | A | 1,734 | $0.00 | A | 8,150 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a gift transfer to the reporting person's spouse.
- F2Includes 60.974042 shares acquired under the Issuer's Dividend Reinvestment Plan.
- F3Following the gift transfer described in footnote 1 above, these shares were contributed to the Jennifer A. Dinh 2016 Grantor Retained Annuity Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F4Represents stock units granted under the Issuer's Amended and Restated 2010 Omnibus Equity Incentive Plan. Each stock unit represents the right to receive one share of common stock and is scheduled to vest in full on May 11, 2017. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the equity portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy.
- F5Represents stock units granted under the Issuer's Amended and Restated 2010 Omnibus Equity Incentive Plan. Each stock unit represents the right to receive one share of common stock and is fully vested. These stock units are subject to a written deferral election under the Issuer's Non-Employee Director Deferred Compensation Plan pursuant to which the reporting person elected to defer receipt of the cash portion of the annual retainer under the Issuer's Non-Employee Director Compensation Policy.
Remarks
The signatory is signing on behalf of Viet D. Dinh pursuant to a Power of Attorney dated August 31, 2015, which was previously filed with the Commission.