SEC Form 4 · accession 0001397911-17-000047
LPL Financial Holdings Inc. · LPLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Casady
Director
Period of report
Mar 2, 2017
Accepted (ET)
Mar 6, 2017 · 5:15 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 | Mar 2, 2017 | M | 2,000 | $19.85 | A | 132,957 | D | |
| Common Stock | Mar 2, 2017 | S | 2,000 | $40.75 | D | 130,957 | 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 StockF1 | $19.85 | Mar 2, 2017 | M | 2,000 | D | — | — | Common Stock | 2,000 | 401,329 | D |
Explanation of responses
- F1This option became exercisable for 134,443 shares on February 25, 2017, which was the first anniversary of the grant date. This option became exercisable by its terms for the remaining 268,886 shares on March 3, 2017 upon the reporting person's retirement and will remain exercisable for a period of up to two years thereafter.
Remarks
The signatory is signing on behalf of Mark Casady pursuant to a Power of Attorney dated May 28, 2015.