SEC Form 4 · accession 0001397911-17-000031
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy Calder
Officer — Managing Director
Period of report
Feb 25, 2017
Accepted (ET)
Feb 28, 2017 · 8:21 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 Stock | Feb 25, 2017 | F | 403 | $39.13 | D | 35,351 | D | |
| Common StockF1,F2 | Feb 27, 2017 | S | 10,747 | $39.0547 | D | 24,604 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold at prices ranging from $38.83 to $39.265, inclusive. The reporting person undertakes to provide to LPL Financial Holdings Inc., any security holder of LPL Financial Holdings Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2Consists of (i) 768 shares of Common Stock; (ii) 21,494 restricted stock units that vest ratably on each February 25, 2018 and February 25, 2019; and (iii) 2,342 restricted stock units that vest ratably on each February 25, 2018 and February 25, 2019.
Remarks
The signatory is signing on behalf of Tracy Calder pursuant to a Power of Attorney dated January 26, 2016.