SEC Form 4 · accession 0001397911-18-000023

LPL Financial Holdings Inc. · LPLA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Managing Director

Period of report

Feb 23, 2018

Accepted (ET)

Feb 27, 2018 · 7:47 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^F1	Feb 23, 2018	A	3,420	$0.00	A	24,524	D
Common Stock^F2	Feb 25, 2018	F	654	$65.50	D	23,870	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option to purchase Common Stock^F3	$65.50	Feb 23, 2018	A	10,582	A	—	Feb 23, 2028	Common Stock	10,582	10,582	D

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 February 23, 2019, February 23, 2020 and February 23, 2021. Vested shares will be issued to the reporting person as soon as practicable after the vesting date.
F2Consists of (i) 5,334 shares of Common Stock; (ii) 2,286 restricted stock units that vest in full on August 6, 2018; (iii) 1,830 restricted stock units that vest in full on February 25, 2019; (iv) 3,111 restricted stock units that vest in full on February 25, 2019; (v) 1,952 restricted stock units that vest ratably on each of June 13, 2018 and June 13, 2019; (vi) 5,937 restricted stock units that vest ratably on each of March 13, 2018, March 13, 2019 and March 13, 2020; and (vii) the restricted stock units reported in this Form 4.
F3This option becomes exercisable in three equal annual installments on each of February 23, 2019, February 23, 2020 and February 23, 2021.

The signatory is filing on behalf of Thomas Gooley pursuant to a Power of Attorney dated June 27, 2015.