SEC Form 4 · accession 0001397911-18-000041

LPL Financial Holdings Inc. · LPLA

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

Reporting owner

James S Riepe

Director

Period of report

Mar 2, 2018

Accepted (ET)

Mar 2, 2018 · 5:44 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, 2018	M	4,500	$27.17	A	75,721	D
Common Stock	Mar 2, 2018	M	4,500	$26.33	A	80,221	D
Common Stock	Mar 2, 2018	M	4,500	$24.96	A	84,721	D
Common Stock^F1	Mar 2, 2018	S	5,632	$62.77	D	79,089	D
Common Stock	holding	—	—		—	35,971	I	By Stone Barn LLC

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Option to purchase Common Stock^F2	$27.17	Mar 2, 2018	M	4,500	D	—	May 14, 2018	Common Stock	4,500	D
Option to purchase Common Stock^F3	$26.33	Mar 2, 2018	M	4,500	D	—	Sep 9, 2018	Common Stock	4,500	D
Option to purchase Common Stock^F4	$24.96	Mar 2, 2018	M	4,500	D	—	Nov 19, 2018	Common Stock	4,500	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.60 to $62.90, 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.
F2This option became exercisable in three equal installments, beginning on May 14, 2009, which was the first anniversary of the date on which it was granted. The option became fully vested on May 14, 2011.
F3This option became exercisable in three equal installments, beginning on September 9, 2009, which was the first anniversary of the date on which it was granted. The option became fully vested on September 9, 2011.
F4This option became exercisable in three equal installments, beginning on November 19, 2009, which was the first anniversary of the date on which it was granted. The option became fully vested on November 19, 2011.

Remarks

The signatory is signing on behalf of James S. Riepe pursuant to a Power of Attorney dated March 10, 2014, which was previously filed with the Commission.